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The inflation gauge the Federal Reserve relies on most to decide whether to raise or lower U.S. interest rates is likely to ...
Powell was nominated by Trump in November 2017 and was confirmed by the Senate in January 2018. The Fed chair’s term lasts ...
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...
The Bureau of Labor Statistics on Tuesday released June inflation data, showing prices increased from the prior month. Hours ...
The president waved a copy of a draft letter firing Jerome H. Powell at a meeting in the Oval Office with House Republicans.
Lorie Logan, president of the Federal Reserve Bank of Dallas, said in a speech Wednesday that she is content to leave ...
Washington — President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve Chair Jerome ...
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Inflation is up, stocks are down, and more tariffs are on their way. Trump wants interest rates to come down but the direction of travel is making it less likely that the Fed will deliver the cuts he ...
Bloomberg on MSN46m
BofA's Moynihan Says Fed Won't Cut Rates Until Next YearBank of America CEO Brian Moynihan says the bank expects the Federal Reserve to lower interest rates by 100 basis points in ...
President Donald Trump has said he thinks interest rates are too high. Is he right? On WSJ’s Take On the Week, co-hosts ...
Some investors had clung to a bit of hope that the Federal Reserve would cut interest rates at its next meeting on July 30.
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