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Federal Reserve Chair Jerome Powell made clear this week that he’s not ready to give in to demands by President Donald Trump ...
Trump did not elaborate on potential nominees to replace the central bank chief, whose term as chair ends in May 2026.
Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...
The US president is desperate to secure a higher rate of growth in the world's largest economy and is demanding the Federal Reserve get on board.
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more persistent inflation is large enough for the central bank to be careful in ...
U.S. stocks are hanging near their all-time high as financial markets catch a breath following two big days bolstered by ...
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