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With the unemployment rate low and inflation above the Fed's 2% target, U.S. central bank officials have been reluctant to cut interest rates from the current 4.25% to 4.5% range until it is clear ...
President Donald Trump suggested Treasury Secretary Scott Bessent could potentially replace Federal Reserve Chairman Jerome Powell. Although Bessent is a candidate, Trump has expressed satisfaction ...
Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome ...
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Powell has consistently resisted political pressure from Trump to lower interest rates. And CPI data supports his right to do ...
President Donald Trump publicly insults Federal Reserve Chair Jerome Powell, angry over unchanged interest rates.
Analysts say the latest dust-up between President Donald Trump and Fed Chair Jerome Powell may be more than meets the eye and that markets may not be concerned enough about the situation.
The Federal Reserve has requested that its inspector general review a $2.5 billion headquarters expansion project following ...
US Treasury yields are down ahead of the key CPI data announcement. Mark Cabana argued that an inflation rise will oblige ...
National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about ...