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U.S. inflation accelerated last month, unwelcome news that make lower interest rates less likely any time soon.
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the ...
The executive order is particularly challenging for the central bank because its insulation from short-term politics helps give it credibility in financial markets.
Donald Trump has beckoned the Federal Reserve to slash the federal funds rate, evidently out of fear that current monetary policy will obstruct his imminent imposition of widespread tariffs. Jerome ...
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...
The conservative newspaper questioned why Trump would call for lowering interest rates as inflation appears on the rise.
A disappointing inflation reading and soaring egg prices have undermined Trump's promise to reduce costs on "day one." ...
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t ...
The answer would appear to be no after Mr. Trump called for lower interest rates on Wednesday—the same day the Labor Department reported an increase in inflation for the third straight month.
Voters elected Trump to find a way to curb the hotter inflation that occurred under President Joe Biden. But the president ...
Investors are braced for more Trump tariffs as focus turns to inflation and Fed Chair Jerome Powell's Senate testimony.
President Donald Trump on Wednesday said that interest rates should be lowered and that would go "hand in hand" with his ...
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