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At the White House on Wednesday, National Economic Council head Kevin Hassett said that the next Fed chair is not going to be Jerome Powell.
PRESIDENT Donald Trump says that tame inflation means the Federal Reserve should already be reducing its policy rate, but inside the US central bank the idea has little traction, with only two Fed ...
The FTSE 100 index closed up 63.31 points, 0.7%, at 8,798.91. The FTSE 250 was up 241.30 points, 1.1%, at 21,715.96, and the ...
A fractured Fed gives the president more ammunition and further fuels the narrative that the Fed is too late in cutting rates ...
Markets price more than 50% odds of three or more interest rate cuts by the Fed this year, CME data show, as President Trump cranks up pressure on Chair Powell. But inflation could get in the way. May ...
Trump has been highly critical of Fed chair Powell for not cutting rates. Some see Trump's pressure campaign against the ...
A key inflation gauge moved higher in May in the latest sign that prices remain stubbornly elevated while Americans also cut ...
The Fed's decision to hold rates is overly hawkish, ignoring weakening economic signals in housing and employment. Read what ...
The dollar has hit a three-and-a-half-year low against the euro as traders anticipate the Federal Reserve will cut interest ...
Most economists and policymakers are bracing for price pressures to intensify this summer because of President Trump’s ...
Morgan Stanley economists are sticking with their view that the Federal Reserve is not likely to cut interest rates at its next two meetings since most officials are aligned with Chair Jerome Powell's ...
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