Jerome Powell

U.S. Stock Market Weekly Updates: August 2, 2025

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Key Market Drivers & News 1. A Major Shift in Economic Narrative: Unprecedented Employment Report: The July jobs report came as a shock to the market. The previous two months’ job creation figures were revised downwards significantly, with some reports suggesting up to 90% of previously announced jobs disappeared from the data. The July report … Read more

U.S. FRB Tracker: July 2025

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Trump Administration’s Criticism and Fed’s Independence The Trump administration has openly criticized Fed Chair Jerome Powell, advocating for immediate interest rate cuts and even suggesting Powell’s resignation. The Federal Open Market Committee (FOMC) bases its policy decisions on its judgment and analysis to achieve its mandated goals: maximum employment and price stability. While external criticism … Read more