Jay Powell

US Trade Secretary Bessent Says Powell Will Leave FED Board in May 2026

by

Bessent Says Powell Will Leave FED Board in May 2026: In a comprehensive interview, US Trade Secretary Bessent addressed key economic and trade issues—from the Federal Reserve’s inflation outlook and speculation around Chair Jerome Powell’s future to Nvidia’s resumed GPU exports to China. He explained how export control policies were used as leverage in ongoing …

Read more

Fed Chair Powell Has Room to Lower Rates, Says Wharton’s Jeremy Siegel As S&P 500 Crosses 6,000 Level

by

Fed Chair Powell Has Room to Lower Rates:Wharton’s Jeremy Siegel says the Federal Reserve, led by Chair Jerome Powell, has room to lower interest rates as inflation outside of tariffs trends downward. He attributes the S&P 500’s rise above 6000 to easing trade tensions and believes markets can continue climbing if tariffs don’t escalate. Siegel …

Read more