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Posts Tagged ‘Federal Reserve’

October 15th, 2017 - 3:29 pm § in Donald Trump, Politics

What to expect from Trump’s appointment of a Fed chair

The Federal Reserve has enormous influence over the economy and financial markets. Most observers think it’s possible, but unlikely, that President Trump will reappoint Janet Yellen to another 5-year term as Federal Reserve chair when her current term expires in February 2018. Here’s who[...]

March 6th, 2015 - 3:02 pm § in Misc.

Stocks plunge on strong hiring

The Dow Jones Industrial Index, the most widely-watched stock market indicator, plunged by 278 points today, after the Labor Department’s February jobs report showed unexpectedly strong job creation, with nearly 300,000 workers hired last month. Why are investors reacting perversely to a stren[...]