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Despite President Trump ramping up pressure on Federal Reserve Chair Jerome Powell to cut interest rates, the Fed held rates steady at 4.25% to 4.5% on July 30. Trump has been insistent on a major cut ...
Trump on Tuesday ramped up his pressure on Jerome Powell to cut interest rates, threatening to allow a lawsuit over the ...
July inflation data suggests the FOMC's dual mandate may not be in as much of a pickle as economists previously feared.
Jeremy Siegel thinks rate cuts at all FOMC meetings through next March are justified, taking the federal-funds rate down toward 3%.
Citing sharp downward revisions to U.S. job growth, Bowman reiterated her forecast for three cuts this year while warning that declining data reliability complicates policymaking.
President Trump is fond of telling people how intelligent and well-educated he is. He did receive a Bachelor of Science Degree from the Wharton School of the University of Pennsylvania ...
Miran, an architect of Trump’s tariff policy, would be a temporary fix. He’d serve the remainder of outgoing Fed Gov. Adriana ...
The way the Fed is designed, there isn’t too much the new Fed chair can do outside of setting a change in tone and publicly pushing for a new direction.
But the addition of a dovish governor to the Federal Open Market Committee, which sets policy, is unlikely to yield an immediate shift. The FOMC is composed of the seven members of the Board of ...
The new member of the Federal Reserve's Board of Governors will face three appointed by Biden, as well as Fed Chair Jerome ...
In the media, the U.S. Federal Reserve is under siege. Pres-ident Donald Trump constantly threatens to fire Chair Jerome Powell. The Supreme Court has confirmed that the chair can't be dismissed ...
President Donald Trump is upset with the Bureau of Labor Statistics and the Federal Reserve. Last week, he instructed the ...
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