Fed's fight with DOJ could hurt prospects for more interest rate cuts [Yahoo! Finance]
Evercore Inc. Class A (EVR)
Last evercore inc. class a earnings: 4/22 06:00 am
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Source: Yahoo! Finance
The legal showdown makes it less likely that the Fed will lower interest rates this year, according to several analysts. Lower rates could translate into lower borrowing costs for consumers and businesses, helping support economic growth and the labor market. Powell's term as chair ends in May. But Friday's subpoenas to the Fed make it “more likely that Powell will stay on as a governor to help protect the Fed after his term as chair ends,” Krishna Guha, vice chairman at financial firm Evercore ISI, wrote in a note Sunday. Powell could potentially remain chair for longer than expected, too, as Sens. Thom Tillis, R-N.C., and Elizabeth Warren, D-Mass., both said the Senate Banking Committee should block votes on any Trump administration nominees to the Fed as the investigation plays out. It's also more likely that a few other members of the board who were appointed during the Biden administration will remain, too. If this happens, the eventual makeup of the committee that sets in
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EVR
News
- Global markets drop sharply as Trump reignites fears of a trade war over Greenland [MSNBC.com]MSNBC.com
- ‘This is sell America' — U.S. dollar, Treasury prices tumble and gold spikes as globe flees U.S. assets [CNBC]CNBC
- Wall Street's Calm Shattered by Greenland and Japan Shocks [Yahoo! Finance Canada]Yahoo! Finance Canada
- Evercore ISI turns bullish on Toast, cites improved risk-reward after sell-off [CNBC]CNBC
- Global stocks fall as US-Europe tensions flare over Greenland and tariff threats [CNN]CNN
EVR
Earnings
- 10/29/25 - Beat
EVR
Sec Filings
- 1/2/26 - Form 4
- 12/11/25 - Form 4
- 12/9/25 - Form 144
- EVR's page on the SEC website