Fed independence and policy
Goolsbee stressed monetary-policy independence and warned that advance purchases could lift activity only temporarily, while France's finance minister warned about the risks of dismissing Powell.
Apr 20, 2025 · QQQ/SPY Market Review · 11 headlines
U.S. equity markets were closed on Sunday, leaving QQQ and SPY without a regular-session move. News centered on Goolsbee's defense of Federal Reserve independence, China's response to U.S. tariff pressure on other countries, an anti-tariff declaration backed by more than 1,200 economists, Ishiba's exchange-rate stance, Jensen Huang's Shanghai meeting, and Tesla's Model Y testing in India.
Published
Goolsbee stressed monetary-policy independence and warned that advance purchases could lift activity only temporarily, while France's finance minister warned about the risks of dismissing Powell.
China answered U.S. tariff pressure on other countries, economists organized against the tariff agenda, Ishiba emphasized fairness in currency talks, and Trump again defended tariffs.
Jensen Huang met Shanghai's mayor amid fresh U.S. chip curbs, Tesla began Model Y testing in India, and trucking data showed uneven sector effects after tariffs.
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