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Exclusive preview: President Trump says nominee for Fed chair wants to lower interest rates
NBC News· 2026-02-04 19:39
Let's get to the Fed. Is there any doubt in your mind that interest rates are going to be lowered. >> Not much.>> Why. How can you say that. >> I just think they're going to be lowered.They should >> Is your new Fed pick on board with that. >> We're way high. Okay.We're way high in interest. We have now with me and with all the money I'm I've always been good at money. And with all the money coming into our country, we're a rich country again.We have debt, but we also have growth. And the growth will soon m ...
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Bloomberg· 2026-02-04 18:55
Treasury Secretary Scott Bessent declined to express a view on whether President Donald Trump has the authority to fire a member of the Federal Reserve board over a policy disagreement. https://t.co/g4RBQmYaEu ...
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Bloomberg· 2026-02-04 17:28
Republican Senator Tim Scott said Federal Reserve Chair Jerome Powell didn’t commit a crime when answering questions during a congressional hearing last summer. https://t.co/bk7D34P584 ...
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Bloomberg· 2026-02-04 10:45
Once you unpack the ideas of Fed chair nominee Kevin Warsh, they don’t reliably serve Donald Trump's purposes. Ruh-roh, says @Clive_Crook (via @opinion) https://t.co/NXXHpK8VJl ...
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Bloomberg· 2026-02-03 23:28
Federal Reserve Governor Stephen Miran has stepped down from his post leading the Council of Economic Advisers, according to a White House official https://t.co/AeJbfVM98p ...
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Bloomberg· 2026-02-03 21:18
President Trump’s new Fed pick has been vocal about his desire to shrink the central bank’s balance sheet. Doing so will require a more “interventionist” Fed during day-to-day money market operations, according to Mizhuo. https://t.co/NDvUmeQXjb ...
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From @WSJopinion: The market reaction to Kevin Warsh’s nomination suggests he is likely to do the right thing as Fed chairman, writes @gerardtbakerhttps://t.co/HCXalTpxie ...
X @The Economist
The Economist· 2026-02-03 18:17
“It’s a much more political version of the job than we’ve seen.” On “The Intelligence” @ArchieHall asks what we can expect from Kevin Warsh as chair of the Federal Reserve https://t.co/ceRi75HNHs ...
BLS Will Delay the January Jobs Report Due to Shutdown
Bloomberg Television· 2026-02-03 17:35
It was certainly the longest month ever. I feel like it was like a thousand days long and it feels like it's potentially going to stretch into the into February, as you say, with with the shutdown. Hopefully, it's not going to last.But, you know, it's like deja vu all over again with when you know, when I saw the headlines yesterday that the jobs report is going to be postponed and the JOLTS data this morning is going to be just postponed again. So here we go again. Again, hopefully it won't last very long. ...
Fundstrat Co-Founder Tom Lee Says Crypto Bottom Is in Following Market Slump
Yahoo Finance· 2026-02-03 15:24
Core Viewpoint - The cryptocurrency market is likely at or near a bottom, with prices overshooting to the downside despite strengthening fundamentals [1][2] Market Performance - Bitcoin is trading at $77,357, down 1.4% in the last 24 hours and 11.8% over the past week, while Ethereum is at $2,265, down 3.5% for the day and over 22% for the week [3] - Gold and silver have seen significant price movements, with gold surging 37.4% and silver 106.9% before experiencing sharp declines [4] Economic Context - The broader economy remains solid despite uncertainty from political developments, particularly the White House's policy agenda ahead of midterm elections [2][5] - The Federal Reserve's leadership changes and upcoming meetings may contribute to market volatility and risk aversion [5] Historical Insights - Early-year market performance is crucial, with data indicating that strong performance in the first week and month correlates with better full-year returns [6] Technical Analysis - Current conditions suggest a potential bottom for crypto, with analysis indicating Bitcoin may fall to the high $70,000s and Ethereum to around $2,400, signaling a possible inflection point [7]