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In a speech on Sunday, the Fed chair, who has been subject to extensive criticism by President Donald Trump, defended the central bank’s decision to cut its key interest rate to nearly zero.
Gold rates rose in the domestic futures market due to heightened tensions between Russia and Ukraine, along with Trump's ...
The Supreme Court recently suggested that the president cannot fire head of the country's central banking system due to its ...
Fed Doesn’t Cut Interest Rates Again—Despite Trump’s Demands—As It Warns Of Higher Unemployment Risk
The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need ...
Jerome Powell addressed tariffs and future interest rate cuts in a speech Wednesday. The Federal Reserve chair says the agency is waiting to see what will happen with President Donald Trump’s ...
Federal Reserve Chair Jerome Powell on Wednesday cautioned that the central bank could face a "challenging scenario" of managing both accelerating inflation and a slowing economy brought on by the ...
CHICAGO, April 16 (Reuters) - U.S. Federal Reserve Chair Jerome Powell said on Wednesday the Fed would wait for more data on the economy's direction before changing interest rates, but cautioned ...
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