Tag: jerome powell

Jerome Powell tossed the ball back into President Trump’s court. He trade development and global growth weakness as the top reasons for the rate cuts.

The Dow Jones Index (DIA) might have another weak day today. So far, the Dow Jones Industrial Average has rallied more than 16% this year.

Shares of large US banks including JPMorgan Chase, Bank of America, Citigroup, and Wells Fargo were trading in the green in the after-hours.

In today’s Get Real, we saw that California Governor Gavin Newsom has ideas about Warren Buffett's next elephant. Plus, earnings takeaways, the Fed, oil risk, and more.

The Fed is scheduled to meet this week. With the S&P 500 at record highs, could the Fed play spoilsport at this week's meeting?

The S&P 500 Index, which is trading close to an all-time high, could be affected by the Fed’s tone in its upcoming meeting.

On Tuesday, Fed Chair Jerome Powell expressed willingness towards interest rate cuts amid the slowdown. So far, the Fed has cut the rates twice this year.

Fed Chair Jerome Powell has already raised doubts about President Donald Trump's trade war and its effect on the US economy.

On September 27, Janet Yellen expressed her concerns about the Fed's estimated growth rate. She said, "the economy seems less dynamic than it used to be."

In a second consecutive instance of monetary easing, the Fed cut the federal funds rate by 25 basis points to 1.75%–2% yesterday.