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Market strategist Jim Thorne discusses the state of the Federal Reserve, cryptocurrency and more on ‘Making Money.’ DOJ fires Maurene Comey, daughter of James Comey and a prosecutor in Sean ...
Federal Reserve officials are split on whether to slash interest rates as President Donald Trump favors rate cuts based on his claim that the nation’s economy is thriving.
The Federal Reserve holds its latest interest rate meeting this week, with policymakers expecting rates to be left unchanged despite President Donald Trump's calls for interest rate cuts.
Rep. Jim Himes (D-Conn.) said Sunday that a White House insider is warning President Trump of a “massive market reaction” if he fires Federal Reserve Chair Jerome Powell. “I mean, what happen… ...
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
The 10-year yield was at 4.454% after rising yesterday on uncertainty over the Federal Reserve’s future leadership. ASML and Renault shares slid in Europe. Indexes in the region were muted.
The Trump administration ramped up its criticism of the central bank, with Treasury Secretary Scott Bessent calling for a review of the "entire Federal Reserve institution." "I think that what we ...
Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait for the labor market to weaken to reduce interest rates.
President Trump's pressure on lowered interest rates could send markets into a tailspin and destabilize the economy, according to researchers and economists.
The Federal Reserve’s chairman, Jerome Powell, already under fire from President Trump for not reducing interest rates, has asked the agency’s inspector general to review expenses associated with a ...
Deutsche Bank has issued a warning about the potential consequences of President Donald Trump replacing Jerome Powell as the head of the U.S. Federal Reserve.