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Donald Trump’s tariffs have opened a schism at the Federal Reserve as top policymakers spar over whether to cut interest rates as soon as this summer or hold them steady for the remainder of 2025.
Federal Reserve Chair Jerome Powell is set to testify before Congress next week. This past week saw the Federal Reserve hold ...
I think we’re in the position that we could do this as early as July,” Fed Governor Christopher Waller told CNBC’s “Squawk Box” on Friday morning.
NEW YORK (AP) — U.S. stocks are drifting higher on Friday in their return to trading following the Juneteenth holiday. The ...
Investor sentiment plummeted during the early panic, and even gold dropped to a seven-month low. Still, the long-term impact ...
Wall Street's main indexes were mixed in choppy trading on Friday, as inflation concerns and uncertainty around U.S.
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Asianet Newsable on MSNFed Report Says It's Still Early To Assess Impact Of Trump’s Tariffs On Inflation, Maintains Financial System Is ResilientIn its latest Monetary Policy Report, the central bank maintained its cautious stance on rate cuts, saying it is better to ...
WASHINGTON (Reuters) -Richmond Federal Reserve President Thomas Barkin said on Friday there's no rush to cut interest rates ...
The Federal Reserve should consider cutting interest rates at its next meeting given recent tame inflation data and the fact ...
Fed chief Jerome Powell, whose term ends next spring, has become a piñata for Trump. The president has repeatedly demanded the Fed lower rates and has assailed Powell publicly for not doing so.
Christopher J. Waller, who was appointed by President Trump, said the central bank should not wait for the labor market to ...
The Federal Reserve's latest Monetary Policy Report to Congress, released on Friday, said U.S. inflation is somewhat elevated ...
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