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Some of the biggest names on Wall Street are getting louder about the importance of an independent Federal Reserve as the White House pressure on Jerome Powell intensifies.
President Donald Trump this week said he had discussed with a group of Republican lawmakers the possibility of firing Federal ...
Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...
Trump has called for aggressive cuts. Powell and the Federal Open Market Committee, which sets rates, have taken a wait-and-see approach on interest rates, partly due to concerns about how Trump's ...
Donald Trump's threat to fire the head of the Federal Reserve, America's central bank, is a financial train wreck unfolding ...
More second quarter earnings are rolling in, with Netflix (NFLX) highlighting the reports on Thursday. Investors received ...
Crypto bills advance to debate, United Airlines earnings beat expectations, Labubu dolls give Pop Mart a boost, and more news to start your day.
The dollar recouped some of Wednesday’s losses and Treasuries slipped after markets had a volatile session on speculation ...
JPMorgan CEO Jamie Dimon said that accurate economic forecasts are a challenge because key shifts are apparent only in hindsight, citing tariffs and trade uncertainty, worsening geopolitical ...
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The National on MSNWhat will happen if Donald Trump tries to fire Fed's Jerome Powell?Tension between the White House and the Federal Reserve is reaching a boiling point, with US President Donald Trump increasing his attacks on chairman Jerome Powell in recent days. Fears that the US ...
President Donald Trump knows who he will pick to lead the Federal Reserve when Chairman Jerome Powell's term is up: Someone who will lower interest rates. The Senate confirms that pick. Republicans ...
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