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Have we seen Powell's last rate cut as Fed chair?
Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary determinant of monetary policy, a signal that strong July employment figures could snuff out all bets for a September rate cut and reduce the likelihood of any further easing this year.
The president's trip to the Federal Reserve ended in a showdown with the Fed chair over the falsely inflated cost of the ...
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Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing ...
Trump called the Fed chair "TOO ANGRY, TOO STUPID, & TOO POLITICAL" after the central bank left interest rates unchanged ...
Federal Reserve officials held interest rates steady on Wednesday despite unyielding pressure from Donald Trump to cut borrowing costs, but there’s good news for the president: Opinion within the ...
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