Page 23 - Fed Chief News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Find interesting the attack on jay powell for not taking any action as usual. one thing to keep in mind, historically as the jackson hole wyoming conference that happens, which by the way is with central bankers around the world, with economists, to discuss monetary policy and economies around the world, if not for the u.s. fed chief to make monetary policy decisions historically. usually when you see a fed chief make a rate change, which is outside of the regular meeting, it's because of an emergency. last time i checked we're not in an emergency, so there's no expectation except for presiden...

Acknowledged there are "significant risks" to the economy including the tense trade war with beijing. that statement prompting president trump to question whether powell, his hand-picked fed chief, is worse for the united states than china's communist leader. let that sink in for a moment. cnn's boris sanchez picking up our coverage now from the white house. >> reporter: as president donald trump prepares to depart for the g7 in france, sources say he's questioning why he should attend a conference he sees as unproductive. the last two gatherings of the world's top leaders ended acrimoniously,...

Deficit is soaring. and he is fighting with jerome powell, the fed chief, says that he is worse than the chinese. i mean, he is telling american companies what to do and he is calling other people's socialists, i wonder who the socialist is here. and you get into a situation where it looks like, you know what, the number one claim was i have the economy, and now that claim -- >> greg: your dream is coming true, you can get a democrat. >> juan: but not in fact, joe biden says if i can win, he can be saying i am delighting in problems, but i can come with solutions and to this guy has no solutio...

White house, even president trump coming out saying there's no recession. how do you know there's no recession. one other thing i noticed watching larry kudlow and peter navarro is they were putting a lot of pressure again on the fed, on fed chief jay powell to go ahead and cut rates at the next meeting in september, september 18th and 19th. that's why we're seeing the market up this morning, dow futures look like they are going to have a good opening this morning. looks like dow is going to open 300 points higher because investors want that stimulative effect of the economy. the realities of ...

Indecision here because the dow has recorded three straight down days. investors are nervous, and they're awaiting some testimony, two days of testimony from the fed chief, jerome powell. the dow closed down 23. the s&p 500 and nasdaq small gains snapping at a two-day losing streak. here's the leading indicator, we're at the halfway mark of the year. the s&p 500 had the best first-half performance since 70s. raising questions about -- since 70s. raising questions about what a strong start may mean for the second half of the year. ok everyone!