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Monetary Policy

Powell’s chances of staying on have significantly decreased

DOW Futures Updates

President Donald Trump’s nomination of Kevin Warsh for Federal Reserve chair has diminished the likelihood of Jerome Powell remaining at the central bank following the conclusion of his chairmanship in May, according to one strategist. Historically, chairs have resigned from the Fed following their tenure. Nonetheless, Powell has consistently declined to address inquiries regarding whether Read More

Dow Futures Drop Amid Fed Independence Worries

Dow Futures Updates

Dow Futures indicate a downward trend as the market prepares for a week filled with trading activity. Federal Reserve Chair Jerome Powell is under scrutiny following his assertion on Sunday evening that a Department of Justice investigation into the central bank’s recent renovation project was driven by political motives. In the aftermath of Powell’s statement, Read More

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