To a broader global weakness clouding the u. S. Economic outlook amid uncertainty about the fallout from trumps trade conflict with china and other nations President Donald Trump has been pushing paul to cut rates and has repeatedly said he has the power to fire the fed chair if he doesnt comply. Our financial correspondent joins us now from new york tell us ans how did powers comments go down on wall street. New records simple as that for the very 1st time ever the s. And p. 500 crossed the crucial 3000 point mark at least during trading and there was one word that Jerome Pollard stressed again and again and again and that was the word uncertainty uncertainty about trades uncertainty about Global Growth and this is pretty unusual that a fed chair stresses so much external factors that are not actually under the influence of the Federal Reserve or even of the u. S. Administration when it comes to Global Growth growth but there is no 2nd guessing you on wall street that we will see a ra
Courtesy of a controversial chinese firm waterway. This is the w. Business im joined now the milan in berlin Federal Reserve chairman Jerome Powell has boosted expectations for the 1st u. S. Interest rate cut in a decade to be implemented later this month and testimony to congress how pointed to a broad global weakness clouding the u. S. Economic outlook amid uncertainty about the fallout from trumps trade conflict with china and other nations President Donald Trump has been pushing paul to cut rates and has repeatedly said he has the power to fire the fed chair if he doesnt comply. Our financial correspondent yans court joins us now from new york to tell us and how did pauls comments go down on wall street. New records simple as that for the very 1st time ever the s. And p. 500 crossed the crucial 3000 point mark at least during trading and there was one word that jerome policy stressed again and again and again and that was the word uncertainty uncertainty about trade uncertainty abo