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With Donald Trump back in office, inflation proving difficult to contain, and the Federal Reserve holding rates higher for ...
Now back in office, Mr. Trump has again begun berating Mr. Powell and the Fed, urging them to lower borrowing costs. But the economic circumstances today are drastically different from those of ...
Hoping that "we’re at the bottom now," Moore – who was once considered for Federal Reserve governor under Trump in 2019 – advised the central bank to keep on the "straight and narrow" path.
According to Fed Chair Jerome Powell, the situation right now isn’t comparable to that. Inflation back then was below the Fed’s 2% target; it’s above that now, and currently there is “the ...
The Fed now has to consider not just the economy, but the political shadow being cast across financial markets.” ...
in addition to the Fed now, agree there’s a real risk of stagflation. Powell refused to directly answer questions related to Trump or his recent attacks. Stagflation bedeviled the Fed in the ...
US Federal Reserve (Fed) Chairman Jerome Powell explained the decision to leave the policy rate unchanged at the 4.25%–4.50% range following the May meeting and responded to questions during the ...
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