Trump's message to Fed, Powell
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More than a dozen Milwaukee and Wisconsin business leaders and observers were asked: What would you tell Fed Chairman Powell if you had the chance?
Also on the market's radar is a speech from Federal Reserve Chair Jerome Powell, where the focus will be on any hints he may give regarding the outlook for U.S. monetary policy.
Vice President JD Vance said Federal Reserve Chair Jerome Powell has been slow to deal with inflation and helping with trade deals. “He’s a nice guy,” Vance said in a Fox News interview Thursday, “but he’s been wrong about almost everything.
European shares fell on Thursday, weighed down by steep losses in energy stocks following a drop in crude prices, while investors awaited key U.S. economic data and remarks from Federal Reserve Chair Jerome Powell.
Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the committee's policy announcement.
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As President Trump’s Middle East trip continues, investors are refocusing on the basics with Walmart earnings, producer inflation, remarks from Federal Reserve chairman Jerome Powell and a reported blockbuster retail merger.
The next Federal Open Market Committee meeting is on June 17-18, when the summary of economic projections will also be released by the Committee.