https://www.europesays.com/2253165/ Dow, S&P 500, Nasdaq rise as earnings roll in, retail sales jump #business #EarningsSeason #FederalReserve #JeromePowell #NASDAQComposite #PresidentTrump #ThursdayMorning
https://www.europesays.com/2253165/ Dow, S&P 500, Nasdaq rise as earnings roll in, retail sales jump #business #EarningsSeason #FederalReserve #JeromePowell #NASDAQComposite #PresidentTrump #ThursdayMorning
#Politics #trump #Unabomber #mentalhealth #FederalReserve #JermoePowell #MaurenComey #JamesComey #alt
Heather Cox Richardson 7/16/25
TRUMP HIS UNCLE AND THE UNABOMBER
Now this moron on #CNBC is actually arguing for the #FederalReserve as function of the #DepartmetofTreasury, like the #IRS.
It's the consolidated power of a #fascist billionaire dream.
#NoKings !
#Premarket
#Investing
https://www.europesays.com/2252501/ Trump neapmierinātība ar Fed krēslu Pauelu, kas nāk uz galvas #Democrats #DonaldTrump #FederalReserve #Inflation #InterestRates #Jaunumi #JeromePowell #latvia #Latvija #Politics
https://www.europesays.com/2251543/ Why political pressure on central banks is so toxic for investors #CentralBank #CentralBankIndependence #CentralBanks #Economy #FederalReserve #Inflation #JeromePowell #trump
https://www.europesays.com/2250740/ Beige Book: Southeast Economy Little Changed amid Uncertainty ##banking #agriculture #AtlantaFed #BeigeBook #CommercialRealEstate #Economy #employment #Energy #FederalReserve #FederalReserveSystem #housing #labor #manufacturing #RegionalEconomics #ResidentialRealEstate #retail #SixthDistrict #southeast #tariffs #transportation
https://www.europesays.com/2250419/ Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell #DonaldTrump #FederalReserve #JeromePowell #trump #TrumpAdministration
https://www.europesays.com/2250349/ Trump reportedly plans to fire Fed Chair Powell ‘soon’ as pressure increases on the central bank #CentralBank #CentralBanks #Economy #FedGovernor #FederalReserve #JeromePowell #KevinHassett #NationalEconomicCouncil #PresidentTrump #TreasurySecretary #WhiteHouse
…#Trump’s focus on firing #JeromePowell — something he’s previously said publicly he won’t do — has come as he is trying desperately to move past anger from his own supporters at his admin’s refusal to disclose more about what is in files related to #JeffreyEpstein, the late financier & sex trafficker.
Some advisers to & allies of #Trump insist he’s simply trolling #JeromePowell & hoping to torment the #FederalReserve chair but won’t actually follow through with trying to fire him. [how very presidential]
But the existence of the letter — & Trump’s interest in discussing it — suggests that he is engaging in the type of moves that he often does ahead of ultimately making a major decision.
It remains to be seen whether #Trump will actually go ahead with trying to fire #JeromePowell, a move that some in his admin have cautioned could be calamitous & have far more expansive fallout than Trump appears to anticipate.
Trump has in recent weeks called on Powell to resign, saying he has not done enough to lower #InterestRates. But as recently as Friday Trump said he had no plans to fire Powell, despite saying the #FederalReserve chair was doing a “terrible job.”
Holy shit
#Trump showed off a draft of a letter firing the chair of #FederalReserve, #JeromePowell, during a meeting with roughly a dozen #House #Republicans on Tues night, polling them as to whether he should do it & indicating that he likely would….
The meeting in the Oval Office was on an unrelated topic…. But Trump used it to discuss what has become one of his favorite topics: his hatred of Powell, whom he elevated to chair in 2017….
#law #economy #independence
https://www.nytimes.com/2025/07/16/us/politics/trump-powell-firing-letter.html?smid=url-share
"Trump Likely to Fire Powell Soon, White House Official Says."
Republican MOC are loyal to Trump, it's doubtful that even one Senator or Congressman will support Fed CHM Powell, even though they know that the Fed's independence is paramount for stable markets and the US dollar.
#FederalReserve #Economy #Dollar #USPol
https://www.bloomberg.com/news/articles/2025-07-16/trump-likely-to-fire-powell-soon-white-house-official-says
Calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to protect portfolios against the risk of higher inflation, as a central bank more willing to lower rates could fuel price rises. https://www.japantimes.co.jp/business/2025/07/16/markets/investors-fed-chief-ouster/?utm_medium=Social&utm_source=mastodon #business #markets #jeromepowell #scottbessent #investors #federalreserve #us #donaldtrump #trade #tariffs #republicans
JP Morgan CEO Jamie Dimon warns of ‘significant risks’ to US economy from Trump tariffs: Details here https://www.byteseu.com/1198199/ #economy #FederalReserve #InterestRates #JamieDimon #JPMorgan #JPMorganCEO #TradePolicies #TrumpTariffs #USTariffs
The forecast for the U.S. economy looks cloudy as inflation rises: ‘It would be wise for the Fed to remain on the sidelines’ https://www.byteseu.com/1196855/ #ConsumerPriceIndex #economy #FederalReserve #Inflation #InterestRates #TariffsAndTrade #U.S.Economy
#Inflation readings came in on the low side in February through May, leading to demands by #Trump for the US central bank [#FederalReserve] to lower #borrowing costs. Economists said inflation has been slow to respond to the sweeping import duties Trump announced in April because businesses were still selling stock accumulated before the #tariffs came into effect.
#US #consumer prices picked up in June, marking the start of a long-anticipated #tariff-induced increase in #inflation that has kept the #FederalReserve cautious about resuming its #InterestRates cuts.
The Consumer Price Index [#CPI] increased 0.3% last month after edging up 0.1% in May, the #Labor Dept’s Bureau of Labor Statistics [#BLS] said on Tues. That was the largest gain since January.
#economy #TrumpTariffs #Trump #Trumpcession #recession
https://www.reuters.com/business/us-inflation-expected-rise-june-with-tariff-driven-price-hikes-2025-07-15/
#Trump could possibly fire #FederalReserve chair #JeromePowell over the renovation of Fed facilities, National Economic Council [#NEC] director #KevinHassett said Sunday.
The admin's relentless efforts to get Powell to either cut interest rates or leave have called the future #independence of the central bank into question.
The mere threat of firing Powell caused a sell-off in #markets earlier this year that sent #InterestRates soaring.
#law #economy #AbuseOfPower
https://www.axios.com/2025/07/13/trump-powell-federal-reserve-hassett