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June 12, 2026
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Trump down to '3 or 4' candidates to replace Powell as Fed chair
  • World News

Trump down to ‘3 or 4’ candidates to replace Powell as Fed chair

Cs news12 months ago07 mins

President Trump told reporters that he is actively considering replacements for Federal Reserve Chairman Jerome Powell, and that he is down to three or four candidates. “I know within 3 or 4 people who I’m going to pick,” he said Wednesday, without offering specific names. The consideration of Powell successors comes after a period of…

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US stock futures subdued as Middle East tensions cool; Powell in focus
  • Finance

US stock futures subdued as Middle East tensions cool; Powell in focus

Cs news12 months ago12 months ago04 mins

(Reuters) -U.S. stock futures were subdued on Wednesday, after the Nasdaq 100 closed at a record high a day earlier on Israel and Iran signaling their air war had ended, and as investors awaited more comments from Federal Reserve Chair Jerome Powell. All three major indexes gained more than 1% on Tuesday and the benchmark…

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  • Hong Kong News

China, HK stocks rise as Middle East truce lifts sentiment

Cs news12 months ago03 mins

SHANGHAI, – Mainland China and Hong Kong stocks edged higher on Wednesday as global sentiment improved following a ceasefire between Israel and Iran, while some hopes for an earlier-than-expected rate cut from the Federal Reserve also lent support. China, HK stocks rise as Middle East truce lifts sentiment ** The ceasefire brokered by U.S. President…

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Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut
  • US News

Fed Chair Jerome Powell holds firm on interest rates, resisting pressure to cut

Cs news12 months ago12 months ago04 mins

Fed Chair on why rates stayed steady Fed Chair Jerome Powell explains why rates stayed steady, unlike in December 05:11 Federal Reserve Chair Jerome Powell reiterated his view that the central bank should keep interest rates steady for now, citing inflation risks from U.S. tariffs.  Powell, who made his remarks in prepared testimony Tuesday before the…

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Fed’s forecast ‘Fog’ adds more clouds to stock market outlook
  • Finance

Fed’s forecast ‘Fog’ adds more clouds to stock market outlook

Cs news12 months ago12 months ago07 mins

Federal Reserve Chairman Jerome Powell probably spoke for a lot of people on Wall Street when he explained to reporters how challenging it was to put together the central bank’s new growth and inflation projections. “Right now it’s just a forecast in a very foggy time,” Powell said after he and his colleagues trimmed their…

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Wall Street looks past 'blah FOMC' meeting as uncertainty keeps Powell on pause
  • Finance

Wall Street looks past ‘blah FOMC’ meeting as uncertainty keeps Powell on pause

Cs news12 months ago12 months ago05 mins

The Federal Reserve held interest rates steady at its June meeting, as expected, while reaffirming the possibility of two rate cuts later this year. It was a relatively predictable meeting, with the main updates coming from slight revisions to the Fed’s forecasts for GDP, unemployment, and inflation. Markets had little reaction to the news. “Blah…

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  • Finance

S&P 500, Nasdaq and Dow Climb Ahead of Fed Decision

Cs news12 months ago12 months ago02 mins

June 18 – U.S. stocks rose on Wednesday, as investors kept a close eye on the Federal Reserve’s upcoming rate decision and shifting signals from the Middle East. The Dow Jones Industrial Average gained about 258 points, or 0.6%. The S&P 500 advanced roughly 0.5%, while the Nasdaq Composite climbed 0.6%. Oil prices slipped more…

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Federal Reserve holds its benchmark interest rate steady at today's FOMC meeting
  • US News

Federal Reserve holds its benchmark interest rate steady at today’s FOMC meeting

Cs news12 months ago12 months ago09 mins

The Federal Reserve said Wednesday it is holding its benchmark interest rate steady, marking a continuation of its “wait-and-see” approach as it assesses the impact of the Trump administration’s economic policies. The central bank also expects inflation to worsen in the coming months, but it still foresees two interest rate cuts by the end of…

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Hong Kong Should Consider Widening the Dollar Peg
  • Hong Kong News

Hong Kong Should Consider Widening the Dollar Peg

Cs news1 year ago01 mins

Hong Kong is on the cusp of a big, beautiful bull run. But it’s in danger of being ruined. The financial center is finally getting back on its feet. The city is leading in global initial public offerings rankings this year. Its stock market is one of the world’s best performing. Meanwhile, rents have returned…

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ATM Capital LTD: Building a More Accessible, Diversified, and Future-Ready Trading Platform
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