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The Fed, which manages the nation's monetary policy with the goal of keeping inflation and unemployment in check, may find itself in a bind if it has to choose between lowering interest rates to ...
Fed Chairman Jerome Powell will talk to reporters Wednesday as Trump deems him a “major loser” and a ... More “total stiff.” The Fed’s rate-setting Federal Open Market Committee released ...
On the other hand, inflation is still moderately above the Fed’s 2% goal, with Trump’s import duties set to propel prices higher. Normally, a vibrant economy and job market push up inflation ...
President Trump once again went after the Federal Reserve on Tuesday, saying at a rally in Michigan that "I have a Fed person who is not really doing a good job." It was an apparent reference to ...
Donald Trump is no Nixon. For Fed watchers, that message seemed to hit home last week, when Trump abruptly backed off his sharp attacks on Fed Chair Jerome H. Powell, after his social media posts ...
The Fed ultimately did cut rates but not because of Mr. Trump’s jawboning. The president’s trade war with China risked roiling the U.S. economy so significantly that the Fed moved pre ...
Meddling with the Federal Reserve's ability to independently set interest rates could result in dire consequences for the economy, Chicago Fed President Austan Goolsbee said on Monday. The top ...
Some policy analysts and observers see the Fed's disparate treatment of its authorities as a pragmatic choice. Facing pressure on multiple fronts, Karen Petrou, managing partner at Federal Financial ...
But the president continued ripping into the Fed chief later Thursday, in an Oval Office meeting, piling on political pressure for Powell to lower interest rates. Ahead of an expected rate ...
Federal Reserve (Fed) Board of Governors Vice Chair Philip Jefferson had the dubious honor of being the first high-profile Fed speaker out of the gate after the Trump administration's tariff ...
Maybe, as some economists said, a US recession. "The increased risks to both inflation and employment put the Fed in an even greater bind going forward," Evercore ISI said in a Thursday note.
It started last week with Fed Chair Jerome Powell, who used the word 22 times during March 19 remarks to reporters following the central bank’s decision to leave rates unchanged. "Uncertainty is ...