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Stock market today: Dow, S&P 500, Nasdaq rise as Trump says 'not planning' to fire Powell
US stocks recovered from session lows to end Wednesday's trading session higher after President Trump said he's "not planning" to fire Fed Chair Jerome Powell despite new reports emerging suggesting he was close to making that decision.
LONDON, July 17 (Reuters) - Wednesday's market drama on reports of an imminent ouster of Federal Reserve Chair Jerome Powell ...
This on-again, off-again approach has fueled a wave of uncertainty, compounding concerns over monetary policy and the ...
President Donald Trump’s attacks on Federal Reserve Chairman Jerome Powell are so commonplace at this point that they barely ...
Investors are becoming more measured in their reaction to news about Trump's Washington policy, with Wednesday's whipsawing headlines over Federal Reserve Chair Jerome Powell triggering a reaction ...
“It’s not all that unusual for a president to have strong views on interest rates and want his views reflected in Fed policy, but Powell has been very clear on maintaining the central bank’s ...
Wall Street approved of President Joe Biden’s intention to nominate Jerome Powell for a second term at the helm of the Federal Reserve. But the initial jolt in the stock market didn’t last ...
Thus, Powell is unlikely to say that the labor market is weak. The unemployment rate of 4.3% is still very low. The initial claims at sub 250K are still very low.
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