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Asia-Pacific markets trade mixed as investors assess Trump tariff impact CNBCStock Market News, Feb. 11, 2025: Nasdaq Slips; Bond Yields Rise The Wall Street JournalStock market today: Dow, S&P 500, Nasdaq slip as Trump's tariffs and inflation prey on minds Yahoo FinanceMorning Bid: Powell and Steel, with AI in play Reuters
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Fed's Powell sidesteps Trump's tariff policies, repeats support for free trade The Washington PostPowell Says Fed Doesn't Need to Rush on Rate Cuts The Wall Street JournalStock Market Takes Powell Testimony In Stride; Growth Stocks Pressured But Little Damage Done Investor's Business DailyFederal Reserve Chair Testifies on Monetary Policy Report C-SPAN
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Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair tried to steer clear of politics.
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The resignations add further to uncertainty at the CFPB, which has been targeted by trade groups and conservatives for years.
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The tariffs will apply widely to all U.S. imports of steel and aluminum, including from Canada and Mexico, among the country's top foreign suppliers of the metals.
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