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New economic data shows inflation ticked higher in June to 2.7%, prompting many economists to agree with Federal Reserve Chair Jerome Powell’s decision to keep interest rates steady. President Trump ...
HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle ...
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.
Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next ...
The president wants to reduce the trillion-dollar interest cost of the government. To do so he needs the Fed to slash rates, ...
The Wall Street Journal reported on Saturday that Bessent made clear his concerns about firing the Fed chairman in private talks with the president last week.
The US labor market is not doing as well as headlines suggest, a top Federal Reserve official said Friday, a day after making the case for an interest rate cut later this month.
Waller doubled down on that position July 17, saying the latest data, including the June CPI figure at 2.7% and other recent economic numbers, show it’s definitely time for the Fed’s first rate cut in ...
With all the crosscurrents, the responsible solution is for policymakers to wait for more evidence, and that’s exactly what ...
Fed Governor Christopher Waller backs a rate cut to 3%, citing easing inflation and labor risks—revealing internal Fed ...
"It doesn't occur to me in the slightest that there would be any situation in which I would not complete my term other than ...
Cyprus Mail on MSN8hOpinion
Trump’s tariff war is just foreplay
With demolishing the independence of the Federal Reserve in his sights, Trump’s almost complete dominance of the governance ...