Trump and Powell
German Economic Setback, U.N. Speeches, and Parsing U.S. Monetary Policy
September 24, 2025
The dollar got an across-the-board lift from a disappointing German business climate survey result in September. That monthly report from the IFO Institute in Munich yielded an unexpected 4-month low reading of 87.7 after August’s 15-month high and in contrast to analyst expectations of a third straight rise. Commenting on the survey results, IFO President […] More
Awaiting Jay Powell’s Speech
November 28, 2018
Fed Chairman Powell delivers a speech before the economic club of NY later today. Such is attracting evenĀ more interest than might be expected because President Trump has just escalated his criticism of Powell, calling him a bigger problem than China. In other news today, U.S. GDP growth last quarter was confirmed at 3.5%, the […] More