Top contenders to lead the Federal Reserve under Trump are lining up around a policy that doesn’t seem Trump-like.

New York Federal Reserve president John Williams convened a meeting with Wall Street banks this week over a key short-term lending facility, underscoring officials’ concerns about strains in US money markets.

Wall Street stocks ended mixed on Friday as investors looked ahead to Nvidia's quarterly results next week and

Chair Powell’s press conference will pivot away from economic data—given its scarcity—and instead focus on balance sheet policy, the policy framework review, and financial stability,” Deutsche Bank says.

Pressures simmering in the $12 trillion market that serves as a critical source of day-to-day funding on Wall Street are spurring a growing chorus of calls for a more forceful Federal Reserve response to ease the pinch.

NEW YORK (AP) — Nvidia, bitcoin and others among Wall Street’s highest flyers are falling more toward Earth on Friday, and the U.S. stock market is heading for a second straight sharp loss.

A growing number of Fed officials have been warning that inflation remains “too high” and could derail progress toward the central bank’s 2% goal. And the government shutdown means the Fed will be operating in a “data fog,” missing crucial leading economic indicators and forced to rely on private surveys and other data.

Dow futures slip as rate-cut expectations fade, tech weakens, data delays spark uncertainty, and global markets trade mixed.

Asia stocks trade in red on Friday after a sell-off on Wall Street overnight, as Fed officials signaled caution over future rate cuts. Meantime, fresh data releases from China added pressure to sentiment,