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We expect Powell to push back against market pricing and signal a renewed priority on price stability. Officials like ...
The central bank is widely expected to stay in "wait-and-see" mode and keep its key interest rate steady Wednesday.
The central bank is bracing for President Trump’s tariffs to dent growth while stoking inflation, keeping interest rate cuts ...
Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...
Inflation rose by the smallest amount since September. But analysts warn there's more pain to come. The personal consumption ...
The U.S is careening toward a potential recession, propelled by a dramatic escalation in trade barriers, including ...
Mr. Trump has repeatedly said he wants rate cuts now to help stimulate economic growth as he rolls out his tariff plans, and has threatened to fire Fed Chair Jerome Powell if he does not comply ...
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 ...
Wall Street had slumped on Wednesday as Federal Reserve chief Jerome Powell ... slamming Powell for not lowering interest rates as the ECB has done. He said Powell’s “termination cannot ...
Powell and key Fed officials have pushed back. Speaking in Chicago, Powell emphasized the need for “greater clarity” before adjusting rates, highlighting risks tied to Trump’s own tariff ...
President Trump is bashing the Federal Reserve for not cutting interest rates, even as his own tariffs make that more difficult. LEILA FADEL, HOST: Speaking to reporters in the Oval Office ...
“This could create additional inflationary pressure and an increase in long-term interest rates as ... Trump has done is shove more of the political pressure onto the Fed.” ...