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S&P 500, Nasdaq notch fresh record closes, market outlook for 2nd half of 2025
Yahoo Finance· 2025-07-21 21:44
That's the bell on Wall Street and now it's market domination overtime. We're giving you full team coverage of all the moves to get you up to speed on the action from today's trade. Henny and Walsh CIO that would be Kevin Man as well as Yahoo Finance's Jared Blickery joining us here to break down the moves today.Jared, let's start with you my friend on the close. We do have fresh records. Yes, we do.in terms of the S&P 500, the NASDAQ Composite, and the NASDAQ 100. Couple sectors. More on that in a minute.F ...
Trump admin 'ratcheting up the pressure' on the Fed and Jerome Powell
MSNBC· 2025-07-21 21:30
Joining us now, Semour White House correspondent Shelby Talcet and Financial Times columnist and provost of King's College Cambridge, Jillian Tet. Um, Shelby, what's behind this. Well, I think this all of course stems from the fact that interest rates aren't being lowered.We've heard the president talk about this for months. It is a clear thing that he wants. He wants those interest rates lowered.He's gone after Jerome Powell for months publicly and privately. And this is sort of, I think, you know, ratchet ...
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Bloomberg· 2025-07-21 20:36
August is going to be a sleepy time for Washington policy impacts on markets - except for tariffs and Federal Reserve Chairman Jerome Powell https://t.co/dwUTI2NQY9 ...
Jim Bullard: FOMC needs to lower rates further
CNBC Television· 2025-07-21 20:13
Monetary Policy & Economic Outlook - The US economy is showing signs of strength with improved sentiment and strong retail sales [1] - The Federal Reserve (Fed) is perceived to be in a comfortable position to observe economic developments before making policy changes, given the unemployment rate is near the natural rate and inflation is moderating [2] - The Fed is expected to re-engage with its recalibration campaign, potentially starting in September, to further lower rates [4] - The committee anticipates the neutral rate to be around 3%, suggesting further room for rate cuts [10] - A more realistic estimate for the neutral rate might be 325% to 350%, allowing the Fed some flexibility [11] - The Fed aims to bring inflation down to the lower end of the 2% range and ideally asymptote to 2% [11] Inflation & Fed's Response - The Fed's 2022 policy of sharply increasing the policy rate successfully reduced inflation without causing a recession [6] - The Fed's actions were followed globally, with some emerging markets even anticipating and moving ahead of the Fed [8] Fiscal Policy Impact - Some believe the Fed misplayed the 2021 episode, partly due to substantial expenditure authorized by Congress and the White House, which fueled inflation [6]
Bessent says formal process is underway to replace Fed Chair Powell
Bloomberg Television· 2025-07-21 18:28
There there's a formal process that's already starting there. There are a lot of great candidates and you know we we'll see how rapidly it progresses. It's President Trump's decision and it it will move at his speed.Do you see any merit at all in selecting maybe a candidate that's already on the committee on the FCC versus taking a look at someone outside of the Federal Reserve. Again, there are a lot of good candidates inside and outside the Federal Reserve. out of them.Has the chairman himself, the Fed ch ...
Bessent: 'Formal Process' for Powell Successor Already Starting
Bloomberg Television· 2025-07-21 17:42
You said previously the interview process would begin later on in the fall. There's been plenty of speculation as to whether that process would be brought forward. Mr.. Secretary, do you still, as far as you understand, believe that's when the interview process to replace the Fed chair will begin in the fall or is a formal process already started. Well, look, there there's a formal process that's already starting. There there are a lot of great candidates and you know, we we'll see how rapidly it progresses ...
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Anthony Pompliano 🌪· 2025-07-21 17:21
Public pressure is mounting on the Federal Reserve.But are they actually as independent and effective as people think? https://t.co/IUroKEUaPm ...
A ‘shadow Fed chair’? How Trump could pressure the Fed without firing Powell
MSNBC· 2025-07-21 16:33
inputs and at the end of the day it's his decision. Would you just offer up what your opinion would be uh on firing J Pal if the president were to do that. You think that would be a good idea or would you dissuade him from that.Uh look uh Joe, I I think that what we need to do is examine the entire Federal Reserve institution and whether they have been successful. He wanted no part of that direct question. That was Treasury Secretary Scott Besset.this morning on CNBC responding to a story in the Wall Street ...
X @Watcher.Guru
Watcher.Guru· 2025-07-21 16:30
JUST IN: 🇺🇸 Congresswoman Anna Paulina Luna files criminal referral against Federal Reserve Chair Jerome Powell with the DOJ. https://t.co/FOCfuiCPxa ...