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Bessent wants the Fed to be examined.
Yahoo Finance· 2025-07-22 21:30
Secretary Scott Besson seemingly showing some support for Fed Chair Jay Powell, saying in a Fox Business interview that he does not see a reason for Powell to step down right now and that he should serve his full term through May. This follows Besson's comments yesterday suggesting the entire Federal Reserve should be examined. Powell resigning.I don't see how that would do anything to safeguard the institutions independence. I don't think Powell is going to leave uh the Fed before his term is up. What I wo ...
Faulkender on Powell's Future, China Trade, Russia, Iran
Bloomberg Television· 2025-07-22 21:18
What exactly about the job that Jay Powell has done is not up to measure. The labor market is holding up well. Inflation has not reared its ugly head.I mean, it's above the 2% target, but it hasn't blown up just yet. Where do you see the economy failing under his leadership. It's great to be with you.If you look at Jay Powell, his tenure, I mean, we do have to remember that it was under his watch that we saw a 40 year high inflation. They were way too late to recognizing the inherently inflationary impact o ...
Market is priced for perfection but working well right now, says JPMorgan's Jack Manley
CNBC Television· 2025-07-22 17:50
So Jack, um, real short-term tactical stuff here. You did see this fade in the indexes here. We're at highs, you know, for for the major indexes.The atmospheric conditions seem pretty favorable here. What's your read on on what we're seeing. Yeah, I mean, I think right now it's a pretty quiet data, pretty quiet week from a data perspective.There aren't a lot of policy headlines hitting us, at least not expected to this week. You know, all markets can really focus in on is this earning season. And the earnin ...
X @Bloomberg
Bloomberg· 2025-07-22 17:43
Interest rates on Argentine peso notes are soaring across the board, piling pressure on banks amid a liquidity crunch caused by government efforts to defend the local currency https://t.co/UoH6j8hoqy ...
X @Bloomberg
Bloomberg· 2025-07-22 16:53
President Trump on Tuesday reiterated his criticism of Jerome Powell, saying the Fed chair is "probably" keeping rates high for political reasons https://t.co/zqYangmPh3 https://t.co/6KNEYTYmHd ...
X @Ash Crypto
Ash Crypto· 2025-07-22 16:28
BREAKING:🇺🇸 PRESIDENT TRUMP SAYS FED CHAIR POWELL IS KEEPING INTEREST RATES HIGH FOR POLITICAL REASONS. https://t.co/rFEYA7OZEb ...
X @Bloomberg
Bloomberg· 2025-07-22 11:25
Market Trends - Blackstone is seeking the largest loan secured against an office building in Europe since interest rates spiked in 2022 [1] - The loan serves as a test for the nascent recovery taking hold of the continent's commercial property markets [1]
X @Bloomberg
Bloomberg· 2025-07-22 07:01
Bank of Japan officials see little need to shift their policy stance of gradually raising interest rates in the wake of Prime Minister Shigeru Ishiba’s latest election setback, according to people familiar with the matter https://t.co/s3AyQQG3na ...
X @Bloomberg
Bloomberg· 2025-07-22 01:51
Australia’s central bank decided that lowering interest rates for a third time in four meetings would not be consistent with its strategy of easing in a “cautious and gradual” manner https://t.co/KqFD5M8Q2B ...
Amid Epstein fallout, Trump turns to MAGA's other greatest hits
MSNBC· 2025-07-21 23:13
It's been more than two weeks now that here in Washington, President Trump has been facing the eyeire of especially some of his biggest supporters for not doing more to release the unsealed Epstein files. And that's where the last 48 hours, it's been sort of a notable change in tact or messaging from the president. He's been posting everything from frustration with the Washington commanders for not changing their name back to what it used to be, threatening that if they don't do so, he won't let them move i ...