The Speaker of the House Nancy Pelosi said that the House will draft articles of Trump impeachment as president engaged in abuse of power and violated Constitution. House is controlled by Democrats but the bill is set to stuck in Republican-controlled Senate where it needs 2/3 majority to pass. Therefore for Democrats the question is how could the use this in a long presidential campaign. So far there’s a minimal market reaction as stocks are recovering from early-December slump.
Will Powell remain hawkish❓
Market story: Valentine's Day has never been so expensive? The prices of coffee, chocolate and gold are at an all-time high
Will the ECB be forced to follow the Fed?
❗BREAKING: Jerome Powell at Jackson Hole (LIVE)