Page 3 - Jerome Powell

Stock market close: Sensex adds 320pts on US Fed rate cut; Nifty at 25,423; pharma shares outperform

Stock Market Highlights on September 18, 2025: Among the broader markets, the Nifty Midcap100 and Smallcap100 indices settled with gains of 0.38 per cent and 0.29 per cent, respectively

Trump names Hassett, Warsh and Waller as top three finalists for Fed chair

Earlier, Trump indicated that while he had some idea of who he wanted to pick for the position, he was committed to an interview process

Fired US Fed Governor Lisa Cook to sue Trump in rare legal challenge

Trump dismissed Federal Governor Lisa Cook on charges of mortgage fraud. Her removal comes at a time when Trump has been trying to ramp up efforts to exert control over the US Fed

Stock market closing highlights: Sensex falls 849 pts; Nifty at 24,712; India VIX up 4%

Sensex Today | Stock market closing highlights, Aug 26, 2025: In the broader markets, the Nifty MidCap index fell 1.62 per cent and the Nifty SmallCap index slipped 2.03 per cent

Markets eye US inflation, Powell's warning and key global data flow

Investors will monitor comments from Fed officials at public events in the coming week to gauge their appetite for a September rate cut

Rupee weakens tracking rise in dollar index ahead of Powell's speech

The rupee depreciated by 0.3% as the dollar strengthened, amid concerns over upcoming US tariffs and ahead of Jerome Powell's speech at Jackson Hole

Wall St jumps more than 1% after Powell hints at September rate cut

Powell's comments opened the door to a rate cut at the Fed's September 16-17 meeting, but also underlined the importance of the jobs and inflation data that will be available by then

Powell hints at interest rate changes amid shifting economic risks

Powell's highly anticipated remarks didn't appear to match the expectations of investors who are betting the Fed will deliver its first interest-rate cut of the year at the Sept

Sensex falls 700 pts, Nifty below 25k: Why are stock markets falling today?

The BSE Sensex tumbled 571 points in the intraday to hit a low of 81,429.33. The NSE Nifty50 also slipped below the 25,000 mark

Stock Market Highlights: Sensex ends 6-day rally, sheds 694 pts; Nifty at 24,870; ITC, banks weigh

Stock Market Highlights on Friday, August 22, 2025: The BSE Sensex and Nifty ended the 6-day winning run on profit-taking in FMCG, bank and metal shares. Broader indices, however, saw limited losses.

Crypto markets hold breath as investors await Powell's Jackson Hole speech

While bulls are attempting to trigger a recovery, analysts believe that bearish sentiment still dominates the broader crypto market

Asian shares choppy, dollar steady as traders await Powell speech

Financial markets are looking out for Powell to provide clues about the likelihood of a September rate cut

Powell faces high-stakes gamble on US economy in final Jackson Hole speech

Powell's high-stakes balancing act will be on full display on Friday when he makes his final address as Fed chair to the world's leading economic policymakers

Dollar extends losses as Fed rate cut hopes and political pressure grow

The dollar index, measuring the currency against a basket of peers, fell 0.2 per cent to 97.81, its lowest since July 28, extending its 0.5 per cent drop on Tuesday

Trump says he may allow lawsuit against Fed chief Powell over renovations

Trump in a social media post on Tuesday resumed his criticism of the Fed chair over the central bank's decision to hold interest rates steady and again hammered Powell over the renovation work

Trump to replace Fed, labour chief amid row over jobs data, rate policy

After firing Bureau of Labour Statistics chief McEntarfer over weak jobs data and criticising Fed chair Powell, Trump signals new key appointments

Fed Governor Adriana Kugler to resign, opening spot for a Trump pick

Trump and his allies have applied intense pressure on the Fed and Chair Jerome Powell to lower interest rates, which policymakers have declined to do so far this year

Trump urges Fed board to wrest control from Powell over rate cut row

Posting on his Truth Social platform, Trump called Powell "stubborn." The Fed chair has been subjected to vicious verbal attacks by the Republican president over several months

Federal Reserve leaves interest rates unchanged even as Trump demands cuts

The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls from President Donald Trump for a cut. The Fed's decision Wednesday leaves its key short-term rate at about 4.3 per cent, where it has stood after the central bank reduced it three times last year. Chair Jerome Powell has said the Fed would likely have cut rates already if not for Trump's sweeping tariffs. Powell and other Fed officials say they want to see how Trump's duties on imports will impact inflation and the broader economy. So far the duties have lifted costs of some goods, such as appliances, furniture, and toys, and overall inflation has risen a bit, though less than many economists had expected. There were some signs of splits in the Fed's ranks: Governors Christopher Waller and Michelle Bowman voted to reduce borrowing costs, while 9 officials, including Powell, favoured standing pat. It is the first time in more than three decades that two of t

Pressure mounts on Fed Chief Powell ahead of key GDP, jobs data release

Forecasters anticipate the heavy dose of data will show economic activity rebounded in the second quarter, largely due to a sharp narrowing of the trade deficit, while job growth moderated in July