Fed Chair Powell holding cards close to his chest with Pres. Trump, says Jefferies' David Zervos
David Zervos, Jefferies chief market strategist, and Lori Calvasina, RBC Capital Markets head of US equity strategy, joins 'Closing Bell Overtime' to talk the day's market action.
Trump and the Fed Complicate the Stock Market’s Historic Bull Run
Stocks have defied even the most bullish forecasts since bottoming in October 2022, with the S&P 500 returning roughly 65 percent in that span. To strategist Tom Essaye, who writes the Sevens Report, ...
Powell Says Fed Doesn’t Need to Rush on Rate Cuts
Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates.
US inflation jump puts Fed officials on notice as Powell testifies
Higher inflation readings left Fed officials telling lawmakers, business executives and the public that they may be waiting ...
Fed is going to be even more cautious about inflation after CPI report
The hotter-than-expected January CPI data will make the Federal Reserve more cautious about inflation risks, with more Fed ...
Powell Is Back in the Spotlight
Powell is back on Capitol Hill, appearing before the House Financial Services Committee after the release of ...
Powell Says Fed Independence Is Critical to Its Inflation Fight
Powell defended the central bank’s independence from elected lawmakers’ desires. “Research over many, many years…shows that ...
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more ...