Powell faces economic crossroads in Jackson Hole speech
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Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage fraud.
Crypto and related stocks are sliding as traders brace for the July FOMC meeting minutes and Jerome Powell’s Jackson Hole speech, fearing a hawkish Fed stance.
President Donald Trump is calling on a Federal Reserve governor to resign over an accusation of mortgage fraud.
The U.S. dollar drifted on Thursday as investors fretted about the Federal Reserve's independence after yet another attack from President Donald Trump ahead of remarks from Chair Jerome Powell later this week that could influence the outlook for rates.
Powell's speech at Jackson Hole will set the tone for policy through the rest of this year. BofA says the speech will drive big swings in these stocks.
Federal Reserve Chair Jerome Powell's upcoming speech at the Jackson Hole Economic Policy Symposium on Friday is being billed as a pivotal, "make-or-break" moment for the central bank's more dovish contingent.
President Donald Trump said on Tuesday that Federal Reserve Chair Jerome Powell is "hurting" the housing industry "very badly" and repeated his call for a big cut to U.S. interest rates. "Could somebody please inform Jerome "Too Late" Powell that he is hurting the Housing Industry,