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President Trump has long pushed Federal Reserve Chair Jerome Powell, whose term expires in 2026, to lower interest rates.
US index futures reversed gains, triggered by a disappointing report from payrolls firm ADP, which said the US private sector added just 37,000 jobs in May, the slowest pace in over two years.
President Trump on Wednesday reiterated calls for Federal Reserve Chair Jerome Powell to lower interest rates, leaning on new data that found the fewest private sector jobs in more than two years ...
In a post published on Truth Social on Wednesday, United States President Donald Trump called upon Federal Reserve (Fed) Chairman Jerome Powell to lower the policy rate. "ADP NUMBER OUT!!! “Too Late” ...
US stock futures (ES=F, NQ=F, YM=F) are just below their flatline after ADP payroll data showed private sector hiring slowing ...
The latest eurozone inflation data will have made easy reading for European Central Bank President, Christine Lagarde. May’s ...
Powell is the first chairman in 40 years not to hold a Ph.D. in economics. Avid cyclist who has been known to ride his bike to work at the Fed. 1984-1990 - Works at the investment bank Dillon, Read & ...
At the time of writing, the GBP/USD pair is trading near 1.3540, easing from the intraday high of 1.3559. The pair ...
Bitcoin traders are gearing up for fresh volatility as the highest-ever monthly close contrasts with increasing bets of a ...
Big companies such as CrowdStrike, Hewlett Packard Enterprise, and Broadcom are scheduled to report quarterly results in the ...
Cheap money isn’t coming back. Bigger deficits, the energy transition and investment in AI mean the cost of borrowing will be ...
The Federal Reserve can help Uncle Sam pay its bills, or it can promote economic stability. It cannot do both.