FED’S POWELL UNDER ATTACK AGAIN BUT NOT ON CAP HILL
By Denny Gulino WASHINGTON (MaceNews) – It was hard to find anything market moving in the day’s semiannual appearance on Capitol Hill of Federal Reserve Chair Jay Powell where House members had few questions about monetary policy– unless you’re Donald Trump. “When Jerome Powell started his testimony today, the Dow was up 125, & heading […]
ECB’S LAGARDE STRESSES IMPROVED EU EMPLOYMENT, AVOIDS COMMENT ON RISKS
By Laurie Laird STRASBOURG (MaceNews) – European Central Bank President Christine Lagarde heralded the strengthening euro zone labor market in remarks to the European Parliament on Tuesday, declining to address slowing European growth and a dramatic downturn in the German factory sector. Unlike Federal Reserve Chair Jerome Powell, who has discussed the economic risks of […]