jerome powell

Wall Street experienced a sell-off triggered by jerome powell's remarks on potential tariff impacts and Nvidia's export concerns. Powell's warning about tariffs causing inflation and complicating economic management fueled market unease. Asian-Pacific markets diverged, showing gains despite Wall Street's decline, with central bank decisions influencing regional performance.

Federal Reserve Chair jerome powell cautioned that President Trump's tariffs could fuel inflation and hinder economic growth, creating a dilemma for the Fed's dual mandate. Markets reacted negatively, with stocks falling as investors perceived Powell's stance as more hawkish than anticipated. The Fed is currently in a wait-and-see mode, navigating uncertainty caused by trade policy shifts.

Fed Chair Powell warns new Trump tariffs will raise inflation and slow growth, emphasizing the need to keep price increases temporary. Despite Wall Street's rate cut expectations, the Fed prioritizes inflation control amid market uncertainty. Powell acknowledges rising consumer and business pessimism as key challenges.

The White House is set to begin interviewing candidates for the next Federal Reserve Chair this autumn, as jerome powell's term concludes in May 2026. Treasury Secretary Scott Bessent confirmed the timeline amidst President Trump's repeated calls for interest rate cuts. While Bessent affirmed the Fed's independence and dismissed immediate concerns, he suggested a review of its regulatory role.

Federal Reserve Chair jerome powell announced a hold on interest rate changes, awaiting clarity on President Trump's economic policies. Uncertainty surrounds immigration, tax policy, regulation, and trade tariffs. While tariffs are expected to cause short-lived inflation and slower growth, opinions diverge among Fed officials. Some, like Waller, downplay long-term tariff impacts, while others prioritize inflation control.

The rupee experienced its strongest weekly gain in a month, closing at 85.37 against the dollar, driven by increased foreign portfolio inflows into Indian equities. A persistently weak dollar and bullish sentiment towards emerging Asian currencies, including the rupee, further contributed to the currency's rise. Markets were closed on Friday for Good Friday.

President Trump issued a cryptic message amid global concerns over his tariffs, stating that 'only the weak will fail'. China retaliated with a 34% tariff on US goods, leading to significant market losses. Federal Reserve Chair Powell warned of potential inflation rise due to tariffs, while Trump urged interest rate cuts.

US stocks displayed a mixed performance as tech and growth stocks saw a cautious return, while healthcare sector weakness impacted the Dow. Global markets reacted to potential ECB rate cuts and escalating tensions between President Trump and the Federal Reserve. Asian markets closed higher, contrasting with declines in European indices amid ongoing trade and monetary policy uncertainties.

Gold prices in Delhi climbed, matching last week's record high. Silver also surged due to industrial demand. International markets saw gold increase, while silver dipped slightly. Investors are watching US trade policy and upcoming statements from the US Federal Reserve and European Central Bank. Market observers are awaiting for Thomas Barkin and Christine Lagarde speeches.

J P Morgan projects a US recession by the end of 2025, attributing it to President Trump's new reciprocal tariffs. The forecast indicates a potential GDP decline and higher unemployment. Federal Reserve Chair jerome powell echoed the concerns, highlighting that tariffs may cause higher inflation and slower growth.

A $5 trillion loss hit Wall Street as the S&P 500 dropped 6% after Donald Trump’s tariff hikes sparked fear of a global recession. China's retaliatory tariffs intensified market losses. Federal Reserve Chair jerome powell warned of higher inflation and slower growth, while Trump remained defiant, labeling the economic turbulence as necessary for correcting trade imbalances.

Global financial markets plummeted on Monday, spurred by escalating trade tensions between the US and China. Key Asian indices experienced significant drops, mirroring Wall Street’s sharp declines. Investor confidence waned as China imposed hefty tariffs on US imports, sparking concerns about prolonged economic disruption and comparisons to the 2008 financial crisis.

Gold prices in Delhi hit a record high, reaching Rs 98,170 per 10 grams. This surge followed firm global cues. Silver prices, however, saw a sharp decline. Globally, gold initially peaked but later trimmed gains. Investors are now watching US economic data and the European Central Bank's policy decision amid trade concerns.

White House Economic Council Director Kevin Hassett defended President Trump's trade policies, claiming over 50 countries reached for negotiations. Despite concerns raised by economists and political critics about potential recession risks, Hassett downplayed the impact on US consumers. Comprehensive tariffs have led to significant retaliatory measures and fears of economic downturn.

US President Donald Trump dismissed market chaos and reaffirmed his aggressive trade stance, claiming it would ultimately boost the American economy. On Truth Social, he stated that big businesses aren't worried about tariffs, focusing instead on a "BIG, BEAUTIFUL DEAL" that will "SUPERCHARGE" the economy. His comments came after Wall Street's significant drop, triggered by China's retaliatory tariffs.