There we go. Trump card is placed.
TRUMP BELIEVES U.S. DOLLAR IS TOO STRONG, EURO IS TOO WEAK -SENIOR U.S. ADMINISTRATION OFFICIAL SAYS— *Walter Bloomberg (@DeItaOne) June 25, 2019
- IF U.S. FED TOOK BACK RATE HIKE FROM LAST FALL, THE DOLLAR WOULD BE LESS STRONG AND THE EURO WOULD BE LESS WEEK -U.S. OFFICIAL— *Walter Bloomberg (@DeItaOne) June 25, 2019
WHITE HOUSE HAS NO PLANS TO DEMOTE FED CHAIR POWELL -OFFICIAL— *Walter Bloomberg (@DeItaOne) June 25, 2019
There Is A Possibility That U.S.-China Trade Talks Could Go On For Months Or Years -U.S. Official— LiveSquawk (@LiveSquawk) June 25, 2019
U.S. OFFICIAL SAYS PRETTY GOOD CHANCE TRADE TALKS WILL RESTART AFTER TRUMP, XI MEETING— *Walter Bloomberg (@DeItaOne) June 25, 2019
NO BROAD TRADE DEAL IS EXPECTED TO BE MADE AT G20 TRUMP-XI MEETING -OFFICIAL
U.S. IS NOT WILLING TO COME TO THE TRUMP, XI MEETING WITH CONCESSIONS ON TRADE -OFFICIAL
video Jerome Powell discusses the challenges facing the U.S. economy and the policies of the U.S. Federal Reserve.
Good afternoon. It is a pleasure to speak at the Council on Foreign Relations. I will begin with a progress report on the broad public review my Federal Reserve colleagues and I ...
tweet at 12:34pm: - Fed’s Bullard: Inflation Below Target Is Surprising Given Fast Growth - It Seems Like A Good Time For ‘Insurance Rate Cut’ tweet at 12:36pm: U.S. FED'S BULLARD SAYS 50 BASIS POINTS RATE CUT IN JULY WOULD BE OVERDONE tweet at 12:38pm: Fed’s Bullard: Holding Rates In June Puts Really High July Probability tweet at 12:41pm: Fed's Bullard says he is surprised by below target inflation with the fast growth US has $DXY
Additional comments from Jerome Powell, Chair of the Board of Governors of the Federal Reserve System, cross the wires as he continues to speak at the Council on Foreign Relations in New York. Powell said that he takes the market's apparently somewhat tepid inflation expectations seriously and added that he saw that as an argument for lower rates. Meanwhile, after staging a recovery to 96.36 with the initial reaction to St. Louis Fed President Bullard's hawkish remarks, the US Dollar Index lost its momentum and was last up 0.12% on a daily basis at 96.12. Below are some key takeaways, as reported by Reuters. tweet at 1:42pm: POWELL SAYS FED DOES NOT TARGET U.S. DOLLAR tweet at 1:50pm: Fed’s Powell: Policy Room Exists For QE To Be Used If Needed, Evidence Largely Shows That Policy Helped Stimulate US Activity
In what appears to be an exercise in expectations management, White House officials are talking to Reuters to set the table for this weekend's meeting between Trump and Xi at the ...
Federal Reserve Chairman Jerome Powell on Tuesday said the U.S. central bank is “insulated from short-term political pressures,” as policymakers wrestle with whether to cut rates ...