Powell’s video message revived debate over fiat credibility and Fed independence, pushing gold and Bitcoin back into focus.
‘That jerk will be gone soon,’ the president pledged, even as Republicans have criticized a criminal investigation into the central bank.
The speech at the Detroit Economic Club comes after major foreign policy moves have overshadowed domestic policy.
Bonds were remarkably resilient over the extended weekend given the moderate rebound in the stock market. As of Friday afternoon, yields and stocks swooned together in response to trade war escalation ...
Federal Reserve Chair Jerome Powell is expected to speak on Thursday. (Sophie Park/Bloomberg News) The U.S. government shutdown is expected to move into its first new week, with no end in sight.
Jerome Powell said he believed the investigation was due to Donald Trump's anger over the Fed's refusal to cut interest rates ...