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TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Another batch of upbeat U.S. economic data including solid retail sales boosted risk appetite on ...
Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...
“It’s by now widely agreed, almost all over the world: If you leave monetary policy in political hands, you’ll get too much ...
President Donald Trump denied reports he was planning to fire Jerome Powell. Can he even do that legally? Who nominated the Fed chair? What to know.
The president may try to terminate the Fed chair’s tenure early. But whether Trump has the ability to do so isn’t clear.
Carlyle co-founder and the owner of the Baltimore Orioles, David Rubenstein, defended the job under beleaguered Federal Reserve Chairman Jerome Powell.
President Donald Trump said Wednesday it was "highly unlikely" he would remove Federal Reserve Chairman Jerome Powell from his post. But he suggested Powell might have "to leave for fraud" over the $2 ...
The president reportedly brandished a letter firing the Fed chair, then backed off, saying he likely wouldn’t dismiss him ...
Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the ...
Trump has called for aggressive cuts. Powell and the Federal Open Market Committee, which sets rates, have taken a wait-and-see approach on interest rates, partly due to concerns about how Trump's ...
Massachusetts Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, offered support Wednesday for Federal Reserve Chair Jerome Powell, whose policies she frequently criticizes.
U.S. President said he is not planning to fire Fed Chair Jerome Powell even as he unleashed a fresh round of criticism ...