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Fed Chair Jerome Powell has come under pressure from President Trump to lower interest rates. AP “Nothing is burning on either side such that it suggests there’s a rush to act,” he said.
Bowmans openness to cutting rates soon is joined by that of Fed Governor Christopher Waller, who said in a television interview Friday he’d also consider a rate cut at the July 29-30 meeting.
Federal Reserve governor Michelle Bowman on Monday said the central bank should consider cutting its key interest rate as ...
Several top Fed officials have voiced support for cutting interest rates in the week after the central bank's latest policy ...
“While a few participants noted that tariffs would lead to a one-time increase in prices and would not affect longer-term inflation expectations, most participants noted the risk that tariffs could ...
The Fed is on track to hold interest rates steady at its meeting next w. Wednesday’s inflation report won’t change much for the Federal Reserve because it will take several months of price ...
President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has “low IQ” and suggesting the list of potential replacements has been ...
A pair of key reports — the monthly jobs report and another on consumer prices — will be critical in determining the central ...