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Trump Suggests He Can Remove Fed Chair Powell and Says He's 'Not Happy' With Him Over Interest Rates
President Donald Trump attacked Federal Reserve Chair Jerome Powell on Thursday for not cutting interest rates and said he could fire him if he wanted to, renewing a threat from his first term that could cause a major legal showdown over the issue of the central bank's long-standing political independence.
The Federal Open Market Committee held rates but signaled that it still expects two cuts this year. The central bank also updated its summary of economic projections, called the "dot plot." An ...
The S&P 500 was up 1.2% in late trading, and its gains increased following the Fed's announcement. The Dow Jones Industrial Average was up 427 points, or 1%, as of 3:30 p.m. Eastern time ...
Stock Market Today: Wall Street Rises Ahead of Fed Announcement NEW YORK (AP ... of forecasts the central bank will release after the meeting is over. That will show where Fed officials ...
Investors and economists hoping for news from the Federal Open Market Committee are in luck. The Federal ... The announcement will come out after the FOMC wraps up its two-day March meeting.
‘Multifaceted’ rationale for gold’s gains persists post-Fed meeting, and metal climbs to fresh highs
With the “rationale for higher gold prices remaining the same, the uptrend quickly reset” following Wednesday’s Federal Reserve policy meeting ... aftermath of the announcement that the ...
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