Rep. Jim Himes (D-Conn.) said Sunday that a White House insider is warning President Trump of a “massive market reaction” if he fires Federal Reserve Chair Jerome Powell. “I mean, what

Market reactions to Powell speech. By Reuters. August 25, 2023 3:14 PM UTC Updated August 25, 2023 ... MARKET REACTION: STOCKS: The S&P 500 , opens new tab edged higher and was recently up 0.1%.

We do not know if President Donald Trump will fire Jerome Powell from his job as chair of the Federal Reserve. We do know the financial markets do not much like the idea.

Deutsche Bank published an explosive research note over the weekend titled simply, “What if ?” (And yes, it includes that idiosyncratic use of extra spaces in front of the question mark.) Written by Global Head of FX Research George Saravelos,

There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair Powell from the helm of the central bank,

What was surprising though was how the market reacted to Powell’s words. When you look at the comparative one-day chart for the Nasdaq and Dow Jones ETFs, QQQ and DIA , a couple of things stand out.

David Zervos, Jefferies, joins 'Closing Bell Overtime' to talk the reaction to President Trump's reported threat to fire Federal Reserve Chair Powell.

The stock market’s reaction to the Fed chair’s speech at the Jackson Hole Economic Symposium has historically been muted, albeit mostly positive. This year may be different.

There's a chance Donald Trump won't get lower interest rates even after he finds a replacement for Fed Chair Powell, market pros told BI.

The dollar rises after wide moves in reaction to Fed Chair Powell's Jackson Hole speech. He renewed the pledge to pursue 2% inflation even if it requires higher rates, and to keep them high until ...

The market reacted as it did because he finally admitted it, but one assumes they were smart enough to know it was true before Powell “central-banker-splained” it to them.