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“Political pressure and in this case, presidential pressure, increases the risk that there will be a pedal-to-the-metal ...
Treasury Secretary Scott Bessent advised President Trump against firing Federal Reserve Chair Jerome Powell, arguing that ...
J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut ...
Tesla expected to post double-digit declines in earnings, sales. Fed chief Powell speech in focus as central bank ...
President Donald Trump on Wednesday appeared to escalate his attacks on Federal Reserve Chair Jerome Powell, a step investor ...
Trump’s top budget adviser sent Powell a letter saying Trump is “extremely troubled” by the “ostentatious overhaul.” Two ...
Bessent told the president that ousting Jerome Powell entailed risks, including possible effects on the economy and potential ...
As a result, the long standing abhorrence to a central bank, advocated as early as Thomas Jefferson’s administration and by ...
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear ...
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
Renewed political pressure on the Federal Reserve is rattling the bond market, driving up yields and reigniting concerns about central bank independence.
Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher ...