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The Fed chief cannot be removed over disputes about interest rate decisions. Powell, who was appointed to a second term in ...
Powell spoke as the Fed faced an unusual degree of political scrutiny. U.S. President Donald Trump has for months lambasted ...
Federal Reserve Chair Jerome Powell has been under pressure from President Trump to lower the central bank's benchmark ...
Jerome Powell will address the state of the U.S. economy — and perhaps offer hints about interest rates — in a closely watched speech on Friday.
For months, Jerome Powell largely ignored President Donald Trump’s constant hectoring that he reduce borrowing costs. On ...
The Fed’s annual forum at Jackson Hole has long been a must-watch event for Wall Street, but this year’s meeting brings extra scrutiny.
A report Friday is forecast to show the personal consumption expenditures price index excluding food and energy — the Fed’s ...
Minutes after the speech, investors pegged the chances of a quarter-point interest rate cut at 91%, up from a 75% chance assessed one day earlier, according to CME FedWatch Tool, a measure of market ...
Keeping to that mission is becoming more difficult every day. Typically, the Fed cuts rates to stimulate a moribund economy ...
Producers of metals and other raw materials rallied alongside other rate-sensitive securities after Federal Reserve Chairman Jerome Powell opened the door to a rate cut in September. "The balance of ...