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President Donald Trump this week said he had discussed with a group of Republican lawmakers the possibility of firing Federal ...
Some of the biggest names on Wall Street are getting louder about the importance of an independent Federal Reserve as the White House pressure on Jerome Powell intensifies.
Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...
Equity-index futures for the S&P 500 fell 0.2% in early trading Thursday following a 0.3% gain for the index after President Donald Trump played down the prospect he may soon fire Powell ...
Trump has called for aggressive cuts. Powell and the Federal Open Market Committee, which sets rates, have taken a wait-and-see approach on interest rates, partly due to concerns about how Trump's ...
Crypto bills advance to debate, United Airlines earnings beat expectations, Labubu dolls give Pop Mart a boost, and more news to start your day.
President Donald Trump knows who he will pick to lead the Federal Reserve when Chairman Jerome Powell's term is up: Someone who will lower interest rates. The Senate confirms that pick. Republicans ...
Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the ...
After reports that President Trump planned to fire Federal Reserve Chair Jerome Powell sent markets lower, the president denied the reports, fueling a rebound. Wall Street experts are coming out in ...
Politicians often want lower rates. Central banks seek stable prices.
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