Powell Dismisses Political Influence on Rate Decisions Addressing speculation on political pressure, Powell confirmed that he has had “no contact” with President Donald Trump since the president publicly called for…
Tag: Trading
JOLTs Job Openings Fall To 7.6 Million; SP500 Tests Session Highs
Today, traders also had a chance to take a look at the Factory Orders report for December. The report indicated that Factory Orders declined by 0.9% month-over-month, compared to analyst…
China’s Economic Outlook Dims as Trump Imposes 10% Tariffs
China’s Economic Outlook Dims Amid Rising Tariff Risks S&P Global forecasts that 10% tariffs could slow China’s economy to 4.1% in 2025, with a sharper decline under higher tariffs. Before…
ISM Manufacturing PMI Rises Above 50; SP500 Remains Under Strong Pressure
The report showed that economic activity in the manufacturing sector expanded after 26 consecutive months of contraction….Read More