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The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...
St. Louis Fed president Alberto Musalem said Thursday he is undecided about whether tariff inflation will be a one-time ...
58m
Benzinga on MSNFed Minutes Show Limited Backing For July Cut As Officials Dismiss Trump’s Call For Steep ReductionsThe Federal Reserve released minutes from its June meeting on Wednesday, according to Reuters. The minutes revealed limited ...
Federal Reserve Chair Jerome H. Powell is resisting President Donald Trump’s calls for lower interest rates, saying the Fed ...
1h
Benzinga on MSNTrump Considers Naming Fed Shadow Chair, Raising Fears Over Central Bank Independence and Market StabilityTrump is weighing an unprecedented move to name a “shadow chair” of the Federal Reserve ahead of Jerome Powell’s May 2026 departure, in an attempt to pressure the central bank into steep interest rate ...
1h
The Manila Times on MSNFed officials divided over pace of rate cutsUS central bank officials have divergent views on cutting interest rates this year, with continued uncertainty about the impact of tariffs on inflation, according to minutes of their most recent ...
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Axios on MSNWhy Trump's mega-rate cut dreams could backfirePresident Trump and a growing chorus of Republicans want the Fed to deliver big-time interest rate cuts, now. They might want ...
JPMorgan Chase CEO Jamie Dimon said on Thursday he thought the financial market was underestimating the possibility of U.S.
Trump highlights the US economy boom as tech stocks and Bitcoin soar, calling on the Fed to cut rates and crediting trade ...
Snap-on Incorporated shares earn a Buy rating with a $371 target, backed by its unique distribution model and attractive ...
The number of Americans filing new applications for jobless benefits unexpectedly fell to a seven-week low last week, ...
May's bounceback indicates that U.S. businesses continued to build stocks of pharmaceuticals that might yet be subjected to tariffs. Anxiety over U.S. tariffs has been spreading across Japan, a ...
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