Movers & Shakers: Sept. 17, 2019
The stories moving the markets and shaking up the world.
The Fed
The Fed needs to answer one big question
The Federal Reserve is expected to cut rates at Wednesday's meeting.
How a Fed rate cut could impact the housing market
Movement in the federal funds rate can impact mortgage rates.
Trump slams Powell and Fed ahead of meeting, calls for 'big' rate cut
President Trump said he wants to see a "big" interest rate cut announced at Federal Reserve meetings this week.
Fed expected to cut rates twice more this year: Why it matters
Investors are currently pricing in an 86 percent chance of a quarter-basis point cut during the U.S. central bank’s meeting next week.
What are negative interest rates and why does Trump want them?
The ECB said it cut rates by 10 basis points to -0.5 percent, from -0.4 percent on Thursday.
Trump wants negative rates - but there's a dark side
President Trump wants negative rates in the U.S. What would that look like?
ECB cuts rates deeper into negative territory, relaunches massive stimulus plan
The ECB makes another bold move.
The ECB could foreshadow the Fed's next rate cut
Central Banks around the world are in rate cutting mode.
Trump calls Fed, Powell 'boneheads' in latest attack on central bank
President Trump called for zero interest rates in a new attack on the Federal Reserve.
Charles Schwab cuts 600 jobs amid pressure from Fed interest rate cuts
The job cuts amount to roughly three percent of the San Francisco-based firm’s overall workforce and will impact offices nationwide.
JPMorgan CEO Jamie Dimon talks zero interest rates
Dimon was expecting higher, not lower rates this year.
Stocks end session mixed, Apple in focus
Stocks search for direction.
Fed may need radical measures to protect US economy from next downturn
The Fed will need to use tools on the "outer rim" of monetary policy during the next severe downturn.
Trump slams Fed, says trade war forced China to use stimulus plan
The president tweeted he felt the Federal Reserve wasn't doing the economy any favors as China moved to stimulate their own economy due to the trade war.
Facebook's cryptocurrency Libra needs ‘highest regulatory standards,' Fed Chair Powell says
Fed Chair Jerome Powell says Facebook's new cryptocurrency project has a "burden of proof to carry."
Apple, flush with cash, jumps on free money bandwagon: Varney
A host of blue chip companies are jumping on the cheap money bandwagon and borrowing by the billions.
Fed's Powell says 'hard no' on politics influencing central bank's decisions
Trump often criticizes the Fed, and Powell, for not lowering interest rates aggressively enough.
Fed's Powell says he doesn't foresee a US recession
Federal Reserve Chairman Jerome Powell spoke at a question-and-answer session in Zurich, Switzerland on Friday.
Sluggish August job growth likely solidifies Fed's next rate cut
Traders are currently forecasting a 93 percent chance of a 25 basis-point cut.