Jerome Powell’s Trump whiplash
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Donald Trump seemed to forget that he appointed Federal Reserve Chairman Jerome Powell, which was part of an unsettling pattern of cognitive missteps.
Japan's exports fell for a second straight month as sweeping U.S. tariffs took a toll on the country's manufacturers, and Canadian retailer Alimentation Couche-Tard pulled its $47 billion bid to buy Seven & i Holdings, citing a lack of constructive engagement by the Japanese retailer.
The Wall Street Journal editorial board on Wednesday urged President Trump not to follow through on his threat to fire Federal Reserve Chair Jerome Powell, warning the consequences would be worse
Investors await Japan’s trade figures, Singapore’s non-oil domestic exports, as well as Australia’s employment report for June.
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8hon MSNOpinion
What a player President Donald Trump is. Just as he was losing control of the Jeffrey Epstein story, rumors suddenly started circulating out of Trump’s White House that he was poised to fire Jerome Powell,
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NEW YORK (Reuters) -Investors are becoming more measured in their reaction to news about Trump's Washington policy, with Wednesday's whipsawing headlines over Federal Reserve Chair Jerome Powell triggering a reaction that fell short of what could happen if the Fed chair was indeed fired.
Stocks had been rising modestly in the morning, before news reports saying that Trump was likely to fire the Fed chief, which quickly sent the the S&P 500 down by 0.7%. When later