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Iraq Bulletin

Tag : jerome powell

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S&P 500 loses over 3 trillion dollars under Trump administration

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The U.S. stock market has experienced significant volatility during the early months of President Donald Trump’s second term, recording one of the weakest openings to a presidency in modern history. Since his inauguration in January 2025, the S&P 500 has...
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Trump says Powell’s termination can’t come fast enough

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U.S. President Donald Trump has renewed his criticism of Federal Reserve Chair Jerome Powell, calling for his removal and blaming the central bank’s leadership for delaying interest rate cuts. Trump's comments, made both online and in the Oval Office, follow...
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Bitcoin gains momentum as investors bet on 2025 Fed rate cuts

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Bitcoin (BTC) has surged past $96,000, edging closer to the psychologically significant $100,000 threshold following dovish comments from Atlanta Federal Reserve Bank President Raphael Bostic. His remarks signaled a potential shift in U.S. monetary policy, prompting renewed optimism among investors...
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Wall Street tumbles as CPI report dampens interest rate optimism

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U.S. stocks declined on Wednesday as investors reacted to unexpectedly high U.S. inflation data for January, which dampened expectations of Federal Reserve interest rate cuts. The Dow Jones Industrial Average dropped over 0.8%, while the S&P 500 slipped 0.7% and...
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Powell signals willingness to review crypto debanking in Senate hearing

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Federal Reserve Chair Jerome Powell stated on Tuesday that regulatory policies surrounding banking access should be reassessed, following concerns that the crypto industry is being unfairly excluded from financial services. Powell made the remarks during a Senate Banking Committee hearing,...