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Just two months after President Donald Trump began a brief detente with Federal Reserve Chairman Jerome Powell, he’s ramping up his old pressure campaign. Although Trump has stopped short of ...
As Jerome Powell, the Federal Reserve chairman, recently stated, the U.S. economy is doing fine. He pointed out that there is no official recession and supported new laws that are good for ...
Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.
Treasury Secretary Scott Bessent didn't rule out becoming the next Federal Reserve chair when asked about a potential dual ...
Employers across the U.S. added 147,000 jobs in June, with the labor market remaining resilient despite slowing economic ...
The Federal Reserve is likely to resume lowering interest rates in September, but it won't be an easy call for the central bankers, economists said Thursday in the wake of the June jobs report.
The June jobs report takes center stage as the S&P 500 and Nasdaq Composite hover at record levels in this short trading week ...
June's job growth was hailed in the media as proof of a strong economy. Except there's a problem: fully half of these new ...
The latest jobs data came in way better than expected. That emphatically confirmed the wisdom of Fed chief Jerome Powell and the other 11 members of the Federal Open Market Committee. Powell and his ...
If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
U.S. policymakers are increasingly anxious about the integrity of certain government benchmarks, the crucial data points that ...
This comes shortly after FHFA Director Bill Pulte called for Congress to investigate Federal Reserve Chair Jerome Powell for ...
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