Fed, Trump and Powell
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Federal Reserve Chair Jerome Powell and President Trump met for the first time in the president’s second term and sent mixed messages over their long-running discord over interest rates.
U.S. Federal Reserve officials at their last meeting acknowledged they could face "difficult tradeoffs" in coming months in the form of rising inflation alongside rising unemployment, an outlook buttressed by concerns about financial market volatility and Fed staff warnings of increasing recession risk,
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24/7 Wall St. on MSNJerome Powell Says Supply Shocks Are Coming—Which Stocks Can Still Thrive?Fed chair Jerome Powell’s words sure can move markets. And while Fed meetings and new commentary from Chairman Powell will surely have some investors biting their nails, it’s worth noting that the market’s immediate reaction doesn’t always make the most sense.
Officials at the Federal Reserve have adopted a wait-and-see approach to policy moves amid extreme uncertainty about the economic outlook.
Federal Reserve Chair Jerome Powell encouraged Princeton graduates to pursue public service, take risks, and focus on personal growth in his Baccalaureate remarks.