The announcement by the US Federal Reserve regarding a prolonged pause in interest rate cuts has negatively impacted stock markets, ending the year-end rally. The DAX is expected to open over one percent lower. The Fed’s latest forecasts suggest fewer…
US share prices fell sharply following the Federal Reserve’s third consecutive interest rate cut, but projections indicated a slower pace of future cuts. Federal Reserve Chairman Jerome Powell noted the necessity for caution in moving forward with rates, amidst persistent…
As Donald Trump prepares for his presidency, he has openly challenged Federal Reserve Chairman Jerome Powell, calling for interest rate cuts and suggesting a possible replacement. This article explores the implications of presidential interference in monetary policy, the independence of…
In a recent interview, designated US President Donald Trump stated that he will not replace Jerome Powell as the Federal Reserve Chair upon taking office. Trump expressed a desire for more influence over the Fed’s monetary policy but clarified that…
The New York Stock Exchange reported gains today, December 4, with all three major indices reaching new record highs. Investors reacted positively to Federal Reserve Chairman Jerome Powell’s comments on the robustness of the U.S. economy. The Dow Jones Industrial…
The DAX index in Germany has reached a historic milestone by closing above 20,000 points for the first time. However, experts caution that further significant gains may be limited, citing concerns about economic conditions and political instability in Europe, particularly…
