Gold Silver Reports – For Stock Market, Powell Seen Holding Yellen Line as Fed Chief – Investors enjoying the fruits of a decade-long bull market in equities expect to find an ally in Jerome Powell, who President Donald Trump plans to nominate to lead the Federal Reserve according to three people familiar with the decision.
Yellen
US Fed Signals December Rate Hike on Track as Trump Weighs Next Chair
Gold Silver Reports – US Federal Reserve (US Fed) officials voted unanimously to leave interest rates unchanged while signalling they remain on track to hike once more this year, a day before President Donald Trump plans to unveil his choice to lead the US central bank.
Yellen, Draghi Head to Jackson Hole Amid Inflation Unease
Gold Silver Reports — As the world’s top central bankers gather in Wyoming this week, their relief about a stronger global economy will be tempered by a growing unease that inflation remains inexplicably low.
Dollar Weaker on Trump Jr. Emails; Focus on Yellen: Markets Wrap
Gold Silver Reports — The U.S. dollar weakened against its G-10 peers and stocks in Asia were mixed as attention turned to central bank policy after markets were rattled by reports of Donald Trump Jr.’s contact with a Russian lawyer.