Jesse Pound - Profile and Journalist Details
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Jesse Pound
Verified
Markets and Investing Reporter, CNBC Pro, CNBC
East Harlem, Mississippi
Beats
thenewebeconomy, howwelivenowstart-ups, internetculture internet, business
Hard News
Content
By Jesse Pound Verified| CNBC Verified Stocks and bonds would likely sell off sharply if President Donald Trump makes a move to get rid of Federal Reserve Chair Jerome Powell, Evercore ISI vice president Krishna Guha said Monday. "If you start to raise questions about Federal Reserve independence, you are raising the bar for the Federal Reserve to cut. If you actually did try to remove the Federal Reserve chairman, I think you would see a severe reaction in markets with yields higher, dollars lower and equities selling off.
By Jesse Pound Verified| WRC-TV (Washington, DC) Verified Willy Kurniawan | ReutersThe U.S. dollar continued its slide on Monday, falling to its lowest level since 2022, as global investors retreat from U.S. assets in the face of tension between President Donald Trump and the Federal Reserve. The ICE U.S. Dollar Index, which measures the greenback against a basket of foreign currencies, fell as low as 97.92 on Monday. That's the lowest level for the index since March 2022, according to FactSet.
By Jesse Pound Verified| CNBC Verified Stocks and bonds would likely sell off sharply if President Donald Trump makes a move to get rid of Federal Reserve Chair Jerome Powell, Evercore ISI vice president Krishna Guha said Monday. "If you start to raise questions about Federal Reserve independence, you are raising the bar for the Federal Reserve to cut. If you actually did try to remove the Federal Reserve chairman, I think you would see a severe reaction in markets with yields higher, dollars lower and equities selling off.
Company Info
CNBC
CNBC, or the Consumer News and Business Channel, is a prominent global business news television channel that launched on April 17, 1989. Founded by former NBC President Bob Wright, CNBC aims to provide viewers with insights into how business events impact their lives and finances. The network has grown to become the world's leading business news media company, reaching over 450 million consumers each month. CNBC offers a variety of services, including 23 hours of live TV programming each weekday, featuring popular shows like *Squawk Box* and *Fast Money*. It operates a 24/7 digital platform that delivers real-time news, analysis, and market data through its website and mobile apps. Additionally, CNBC provides subscription-based services for exclusive content and hosts numerous business events and conferences for networking among executives and thought leaders. With a global presence and more than 20 bureaus worldwide, CNBC also tailors its content for regional audiences through channels like CNBC Asia and CNBC Europe.
Los Gatos, California, United States