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Fed Chair Powell says he won't rule out interest rate cut this month
Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month. The remarks come amid a public pressure campaign from President Donald Trump, who has repeatedly urged Powell to slash interest rates.
As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest ...
For a moment on Wednesday, it looked like President Donald Trump would finally attempt the improbable and fire Federal ...
HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle ...
Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher ...
As speculation swirled Wednesday that President Trump might fire Federal Reserve Chair Jerome Powell, investors scrambled to ...
The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.
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Trump cannot fire Powell over interest rate disagreements, but there's a possibilityThe relationship between President Donald Trump and Federal Reserve Chair Jerome Powell has been fraught with tension, primarily due to Trump's criticism of the Fed's monetary policy.
President Donald Trump remains displeased by the Fed's decision to hold interest rates steady.
Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower inflation. He also reiterated, however, that a rate hike is unlikely.
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