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WASHINGTON, May 7 (Reuters) - The Federal Reserve held interest rates steady on Wednesday but said the risks of higher inflation and unemployment had risen, further clouding the U.S. economic ...
President Donald Trump has called for the Fed to cut rates, but the central bank is in a tough spot. One-year inflation expectations are surging, while data doesn't yet indicate a cut is needed.
Fed Chair Jerome Powell said Wednesday that he has never asked for a meeting with any U.S. president—and never would. “There's never a reason for me to ask for a meeting. It's always been the ...
President Trump has been pushing the Federal Reserve to cut interest rates, writing on social media last month that the central bank has been "TOO LATE AND WRONG" in holding off on further reductions.
President Trump expressed confidence that he could remove Federal Reserve Chair Jerome Powell from his position. WSJ’s Nick Timiraos and former Fed Vice Chairman Richard Clarida explain how much ...
The Fed may pause rates but inject liquidity. Crypto could rally as a recession hedge. The weak US dollar and gold rally signal a shift to scarce assets. The US Federal Reserve Open Market ...
The Federal Reserve’s interest rate committee will meet Tuesday and Wednesday this week, and the central bankers appear set to keep rates where they are despite criticism from President Trump ...
WASHINGTON — The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday, despite weeks of harsh criticism and demands from President Donald Trump that the Fed ...
The US Federal Reserve is expected to keep interest rates unchanged on May 7, resisting pressure for cuts despite tensions with US President Trump. The central bank is likely to maintain the ...
President Trump expressed confidence that he could remove Federal Reserve Chair Jerome Powell from his position. WSJ’s Nick Timiraos and former Fed Vice Chairman Richard Clarida explain how much ...
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