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0 0.000717875089734371 0 -0.000717875089734498 0.00179468772433586 0.00107681263460149 0.00179468772433586 0.00323043790380473
Stock impact report

Powell and the Fed won't be able to avoid talking about Trump forever [MSNBC.com]

Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan) (SMFG) 
US:NYSE Investor Relations: smfg.co.jp/english/investor
Company Research Source: MSNBC.com
Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on November 07, 2024 in Washington, DC.Kent Nishimura | Getty ImagesDonald TrumpAt some point, though, Fed policymakers, economists and analysts will need to account for what likely will be an ambitious economic — not to mention political — agenda from the firebrand Republican.Trump took a dim view of the Powell Fed during his first term in office,calling policymakers "boneheads"compared Powell to a golfer"I'm not going to get into any of the political things here today, but thank you," Powell said during the news conference after being asked at least half a dozen times about the Trump victory and its ramifications. Powell cut the session short around 3:12 p.m. ET, a few minutes earlier than normal following the round of politics-heavy questioning.However, dealing with the ramifications of a Trump presidency will be almost unavoid Show less Read more
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