How Trump could (and couldn't) reshape the Fed: The complexities of the Fed's structure could limit his ability to move quickly
axios.com/2024/07/18/trump-federal-reserve-bank-election-powell
How Trump could (and couldn't) reshape the Fed
Quick Glance: Advanced Inflation and Interest Rate Cuts
  • Federal Reserve Chair Jerome Powell praises the progress on inflation and hints at potential interest rate cuts.

  • Powell emphasized that the three U.S. inflation readings in the second quarter of the year contribute to building confidence that price increases are sustainably returning to the Fed's target.

  • He emphasized that he does not foresee major economic turbulence or a recession in the U.S.

  • Commentators analyze Powell's remarks as signaling upcoming interest rate cuts and discuss the potential impacts on the market and the economy.
Inflation cooled in June, outperforming economists' expectations: Inflation has fallen significantly from its peak but remains elevated.
abcnews.go.com/Business/inflation-expected-cooled-june/story
Inflation cooled in June, outperforming economists' expectations
Fed Rate Cuts Latest: Downshifting US Inflation Will Help Reassure Powell: The runway toward a Federal Reserve interest-rate cut will come more into focus in the ...
bloomberg.com/news/articles/2024-07-20/fed-rate-cuts-latest-downshifting-us-inflation-will-help-reassure-powell
Fed Rate Cuts Latest: Downshifting US Inflation Will Help Reassure Powell
Trump weighs tapping JP Morgan CEO Jamie Dimon for Treasury secretary, won't remove Fed's Powell: report
nypost.com/2024/07/16/business/trump-weighs-tapping-jp-morgan-ceo-jamie-dimon-for-treasury-secretary-wont-remove-feds-powell-report/
Trump weighs tapping JP Morgan CEO Jamie Dimon for Treasury secretary ...
Quick Glance: Jamie Dimon: Skills Trump College Degrees in Hiring
  • JPMorgan Chase CEO Jamie Dimon emphasizes that skills are far more important than a college degree when hiring.

  • JP Morgan Chase has eliminated degree requirements for most jobs and shifted towards skills-based hiring.

  • The trend to remove degree requirements from job postings gained traction during the 'great resignation'.

  • Some companies prioritize technical skills over educational background to broaden their talent pools.
Powell says Fed won't cut interest rates until inflation moves 'sustainably toward' 2%
usatoday.com/story/money/2024/07/09/feds-powell-interest-rates/74326847007/
Powell says Fed won't cut interest rates until inflation moves ...
Quick Glance: Powell Emphasizes Importance of Good Inflation Data
  • Federal Reserve Chair Jerome Powell said 'more good data' would strengthen confidence that inflation is moving down toward the US central bank’s 2% target.

  • He warned that lowering interest rates too little or too late could put the economy and the labor market at risk.

  • Powell stressed the importance of finding the right balance to avoid unduly weakening economic activity and employment.

  • The Federal Reserve is unlikely to reduce rates when it meets at the end of this month, and markets are pricing in a just over 70% probability that the Fed will cut rates for the first time in September.
Trump warms to Powell ahead of potential rate cuts: ‘I would let him serve it out’
thehill.com/homenews/4776351-donald-trump-jerome-powell-fed-term/
Trump warms to Powell ahead of potential rate cuts: ‘I would let him serve ...
What would happen if the Federal Reserve waits too long to cut rates? Jerome Powell breaks it down. 💰
Fed's Powell says he'll stay for full chairman term: Federal Reserve Chairman Jerome Powell said Monday he will definitely finish the full scope of his current ...
reuters.com/markets/us/feds-powell-says-hell-stay-full-chairman-term-2024-07-15/
Fed's Powell says he'll stay for full chairman term
Chair Jerome Powell says that the Fed has used ChatGPT but not for financial feedback, but instead to help draft questions ... Show more
Trump Rally Shooting: Fed Chair Powell Condemns Assassination Attempt: Federal Reserve Chair Jerome Powell said the attempted assassination of former President ...
bloomberg.com/news/articles/2024-07-15/powell-says-trump-shooting-marked-a-very-sad-day-for-nation
Trump Rally Shooting: Fed Chair Powell Condemns Assassination Attempt
Rate Cuts Are in the Air for September After Inflation Data Surprise: So what if Powell’s congressional testimony was boring? He’s now got the data he needs ...
bloomberg.com/opinion/articles/2024-07-12/rate-cuts-are-in-the-air-for-september-after-inflation-data-surprise
Rate Cuts Are in the Air for September After Inflation Data Surprise
US stocks again soared to fresh all-time highs on Wednesday as Jerome Powell's remarks on Capitol Hill buoyed rate-cut hopes and Big Tech stocks piled on the ... Show more

Stock market today: Big Tech surges as S&P 500 crosses 5,600 for first time
It's time for interest rate cuts, economists say. Here's why.: Interest rate cuts could finally come this year. Economists explained the benefits of rate cuts ...
businessinsider.com/interest-rate-cuts-timeline-federal-reserve-inflation-powell-economists-forecast-2024-7
It's time for interest rate cuts, economists say. Here's why.
The Collapse of Synapse Raise Questions About a Hot Fintech Business Model: Tech companies found a way to sell FDIC-backed accounts without being banks—then one ...
bloomberg.com/news/articles/2024-07-16/the-collapse-of-synapse-raise-questions-about-a-hot-fintech-business-model
The Collapse of Synapse Raise Questions About a Hot Fintech Business Model
Something’s gotta give in this summer’s whackadoodle market
kentucky.com/news/business/article289822059.html
Something’s gotta give in this summer’s whackadoodle market
CNBC Daily Open: Trump attends RNC, Dow record close, bitcoin 'digital gold: The Dow Jones Industrial Average closed at an all-time high after former President ...
cnbc.com/2024/07/16/cnbc-daily-open-trump-attends-rnc-dow-record-close-bitcoin-digital-gold.html
CNBC Daily Open: Trump attends RNC, Dow record close, bitcoin 'digital ...
WATCH LIVE: Fed chair Powell testifies on U.S. monetary policy in Senate hearing
Gold prices extend gains to hit new record on Fed rate cut optimism: Gold prices continued to notch a new record on Wednesday, lifted by increasing optimism of a ...
cnbc.com/2024/07/17/gold-prices-extend-gains-to-hit-new-record-on-fed-rate-cut-optimism.html
Gold prices extend gains to hit new record on Fed rate cut optimism
Stock market today: indexes up as retail data, earnings top estimates: Consumer spending remained strong in June, reducing fears of a pullback that could trigger ...
markets.businessinsider.com/news/stocks/stock-market-today-indexes-retail-data-earnings-estimates-consumer-spending-2024-7
Stock market today: indexes up as retail data, earnings top estimates
LIVE: Jerome Powell at the Economic Club of WashingtonFederal Reserve Chair Jerome Powell participates in a conversation hosted by the Economic Club of ... Show more

reuters.com
Most Gulf markets gain on US rate cut optimism: Major stock markets in the Gulf rose in early trade on Tuesday as comments from Federal Reserve Chair Jerome ...
reuters.com/world/middle-east/most-gulf-markets-gain-us-rate-cut-optimism-2024-07-16/
Most Gulf markets gain on US rate cut optimism
Powell: Job market has ‘cooled considerably’: Federal Reserve Chair Jerome Powell said Tuesday that the job market has “cooled considerably” over the past two ...
thehill.com/business/4761720-federal-reserve-cooling-labor-market/
Powell: Job market has ‘cooled considerably’
Dollar firm on Powell caution, kiwi bides time before rates decision: The dollar was on the front foot on Wednesday having rebounded from a three-week low after ...
reuters.com/markets/currencies/dollar-firm-powell-caution-kiwi-bides-time-before-rates-decision-2024-07-10/
Dollar firm on Powell caution, kiwi bides time before rates decision
A market ginned up on aggressive rate cut expectations would be wise to consider the alternative: fewer-than-expected cuts this year and in 2025 ... Show more

Does a Fed interest rate cutting bonanza lurk?
Trump says he wouldn’t fire Fed Chair Jerome Powell. Don’t hold your breath: Republican presidential nominee Donald Trump would not fire Federal Reserve Chair ...
cnn.com/2024/07/17/economy/donald-trump-jerome-powell/
Trump says he wouldn’t fire Fed Chair Jerome Powell. Don’t hold your ...
Fed Chair Jerome Powell discusses the principle of an independent central bank and support for it in the government.
Stock market today: Record highs ahead of key CPI inflation report: This week will also see testimony from Fed chair Jerome Powell and the official start of ...
markets.businessinsider.com/news/stocks/stock-market-today-record-highs-june-cpi-inflation-powell-earnings-2024-7
Stock market today: Record highs ahead of key CPI inflation report
Stock market today: equity gains muted after Fed Powell's remarks: Outlooks on Fed policy remained unchanged after Chairman Jerome Powell offered no new insight ...
markets.businessinsider.com/news/stocks/stock-market-today-fed-rate-cuts-powell-testimony-cpi-inflation-2024-7
Stock market today: equity gains muted after Fed Powell's remarks
Inflation eased further in June, helping cement path to rate cuts: Fed watchers increasingly think a first rate cut could come in September ...
washingtonpost.com/business/2024/07/11/cpi-inflation-fed/
Inflation eased further in June, helping cement path to rate cuts
European markets open lower as investors digest Powell's comments on cutting rates; Ocado jumps 18.5%
cnbc.com/2024/07/16/european-markets-stocks-news-data-earnings-powell-comments.html
European markets open lower as investors digest Powell's comments on ...
The prolonged stretch of high interest rates appears to have slowed the economy and slashed price increases, economists said. But, they added ... Show more

Momentum grows for interest rate cuts in 2024. Experts explain why. - ABC News
The Fed Should Cut Rates Now. Sadly, It Won’t.: A stellar CPI report Thursday confirms that inflation is just about slayed. Now, policymakers need to think about ...
bloomberg.com/opinion/articles/2024-07-11/the-fed-should-cut-rates-now-sadly-it-won-t
The Fed Should Cut Rates Now. Sadly, It Won’t.
Fed chair condemns Trump shooting, declines to discuss stock market impact: Federal Reserve Chair Jerome Powell on Monday declined to discuss the potential ...
trib.al/hSSDqvx
Fed chair condemns Trump shooting, declines to discuss stock market impact
"I would say that the kind of hard landing scenario is...certainly not the most likely or a likely scenario," Fed Chair Powell says at the Economic ... Show more
Fed Chair Powell And CPI: What's At Stake For The S&P 500?: Federal Reserve Chairman Jerome Powell testifies on Tuesday and the CPI is out Thursday ...
investors.com/news/federal-reserve-chairman-jerome-powell-cpi-rate-cuts-sp-500/
Fed Chair Powell And CPI: What's At Stake For The S&P 500?
Stock Market Week in Review: Index-Tracking ETFs Threatened in Broader Rally: A long-coveted broadening of the great stock rally would be good news for a slew of ...
bloomberg.com/news/articles/2024-07-12/wall-street-s-broadening-trade-imperils-index-tracking-billions
Stock Market Week in Review: Index-Tracking ETFs Threatened in Broader ...
Trump’s radical policy agenda looms larger after the shooting: A second Trump presidency could lead to a new breakout of inflation in the US ...
theage.com.au/business/markets/trump-s-radical-policy-agenda-looms-larger-after-the-shooting-20240715-p5jtnr.html
Trump’s radical policy agenda looms larger after the shooting