Tag: Jerome Powell

Trump’s higher tariff threat on India: What RBI governor Sanjay Malhotra said on GDP growth; ‘really very difficult to…’

Business
US President Donald Trump has issued a warning about increasing tariffs on India beyond the current 25%. (AI image) RBI governor Sanjay Malhotra on Wednesday indicated that it is difficult to predict the impact...

Trump’s Tariff Strategy: Reshaping the pharma and tech supply chain – Key Announcement

Stocks
This isn’t Trump’s first mention of steep sectoral tariffs. In February, he proposed starting rates of 25% or higher on pharmaceuticals and semiconductor chips. By June, he suggested pharma tariffs could climb to 200%. Now,...

Tech cools, Trump’s Fed ire burns

Market
By Jamie McGeever ORLANDO, Florida (Reuters) -TRADING DAY Making sense of the forces driving global markets...

US Federal Reserve holds rates steady amid tariff-induced uncertainty

Stocks
The US Federal Reserve concluded its May 2025 policy meeting by maintaining the key interest rates unchanged at 4.25%-4.5%, citing persistent economic uncertainty...

Dollar slumps to three-year low as Trump attacks Fed chairman

Market
The dollar slumped to its lowest level in three years after Donald Trump’s economic adviser suggested...

US Stock Market: US stocks drop as Fed’s Powell says growth appears to be slowing; Nvidia tumbles

Stocks
NEW YORK: U.S. stocks ended sharply lower on Wednesday as Nvidia warned about steep charges from new U.S. curbs on its chip exports...

‘Wait for greater clarity’: US Federal Reserve to hold off altering interest rates

Business
The US federal reserve will hold off on making any changes to interest rates as it waits for clearer signs on...

Dollar resumes fall as investors wait on trade talks

Market
By Karen Brettell NEW YORK (Reuters) - The dollar resumed its fall on Wednesday with both safe-havens...

Fed leaves policy rate outlook unchanged amid projected growth slowdown, temporary inflation jump

Stocks
WASHINGTON: The Federal Reserve held interest rates steady on Wednesday, as expected, but U.S. central bank policymakers indicated they still anticipate reducing borrowing...

1 Stock to Buy, 1 Stock to Sell This Week: Nvidia, Nike

Market
• Fed meeting, FOMC dot-plot, Powell news conference will be in focus this week. • Nvidia's GTC conference presents a...

US stocks rise on energy boost; jobs data, Jerome Powell’s remarks in focus

Stocks
Wall Street's main indexes ticked up in choppy trading, boosted by a jump in energy stocks, while investors assessed a key jobs report...

Fed’s Powell sees a ways to go on shrinking Fed holdings

Market
By Michael S. Derby NEW YORK (Reuters) - Over two days of testimony this week before Congress, Federal Reserve...

Fed in no hurry for rate cuts: Jerome Powell hints no change in US central bank’s policy stance

Business
Federal Reserve Chair Jerome Powell announced that the US central bank will be keeping its interest rates unchanged for now, citing...

US President cannot remove a Fed board member under the law, says Jerome Powell

Stocks
The U.S. president has no legal authority to remove a member of the Board of Governors of the Federal Reserve System, Fed Chair...
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