Powell says weaker labor market may merit rate cuts
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Powell Is on Cusp of Taking a Big Gamble With U.S. Economy
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A top Justice Department official on Thursday called for the head of the Federal Reserve to remove an official from its board, the day after President Donald Trump also demanded action over allegations of mortgage fraud.
Federal Reserve Chair Jerome Powell will roll back some of the strategy changes from 2020 in his speech today, The Wall Street Journal reported. Back then, officials tweaked their approach to say they
U.S. stock market futures were mixed Friday ahead of a pivotal speech from Fed Chair Jerome Powell in which the central bank chief will set out his views on where to take interest rates. Dow Jones Industrial Average futures rose 60 points,
Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the first mainstream economic voices to suggest Powell voluntarily step down to preserve Fed independence.
To the casual observer, the rally in the stock market may seem baffling. The effective tariff rate on U.S. imports is the highest it has been since the 1930s, upending supply chains, stoking inflation
President Donald Trump isn’t really feuding with Federal Reserve Chair Jerome H. Powell, even though the press keeps saying he is. Feuds have two sides. Trump and his allies have launched one attack after another on Powell — calling him “a moron” and “a political hack,” threatening him with criminal prosecution — while he just takes it. Some of the complaints about Powell are ...
Federal Reserve Chairman Jerome Powell is delivering a high-profile speech in Jackson Hole, Wyoming, as he faces major pressure from President Donald Trump to lower interest rates. He’s scheduled to begin speaking at 10 a.