Nov 15, 2024 · There's little appetite on Wall Street for undermining the central bank or ousting Jerome Powell. Experts told BI markets would likely regulate Trump's actions with the Fed, despite Musk's...

In November 2020, Bloomberg News called Powell "Wall Street's Head of State", as a reflection of how dominant Powell's actions were on asset prices and how profitable his actions were for Wall Street.

Aug 8, 2024 · It’s perhaps fitting, then, that Wall Street’s fleeting moment in the meme zeitgeist comes to a close just as the investing crowd is getting thoroughly put in its place by Certified Nerdy Dad and...

Dec 18, 2024 · For the past few years, investors have been hyper-focused on Federal Reserve Chair Jerome Powell as he clamped down on the economy to fight inflation and then began to ease off. Next year,...

Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its current range around 4.3% after three consecutive rate cuts beginning...

Jan 12, 2023 · Fed officials are signaling that they’re determined to keep their vise-like grip on the economy through the end of 2023. Federal Reserve Chair Jerome Powell is locked in a battle with stock...

Dec 1, 2023 · Jerome Powell warned Wall Street investors on December 1 that he will hike rates again if he needs to, but bond markets didn’t believe him, and the price of U.S. Treasuries soared.

Oct 13, 2022 · Voices from across Wall Street to Elizabeth Warren to the United Nations have railed against Powell’s aggressive rate-hiking strategy, generally arguing that it harms working-class...

Aug 23, 2024 · Jerome Powell’s Pivot Fuels an All-Conquering Wall Street Rally. Traders cheer as Fed chief eyes rate cuts to help labor market; Rallying assets seen helping Powell’s bid to...

Aug 23, 2024 · Fed Chair Jerome Powell himself said the time has come for the central bank to cut its key policy rate, affirming widely-held expectations that officials will begin lowering borrowing costs...