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Trump Suggests He Can Remove Fed Chair Powell and Says He's 'Not Happy' With Him Over Interest Rates
President Donald Trump attacked Federal Reserve Chair Jerome Powell on Thursday for not cutting interest rates and said he could fire him if he wanted to, renewing a threat from his first term that could cause a major legal showdown over the issue of the central bank's long-standing political independence.
"If we get inflation, the Fed will be behind the curve," top economist Adam Posen warned.
Several days after President Donald Trump announced sweeping "Liberation Day" tariffs on much of the world, shock waves ...
Trump's tariff policy could push the nation into a recession, with rising unemployment, bankruptcies and more. These warning ...
President Donald Trump's decision to pause so-called "reciprocal tariffs" for most countries triggered a historic stock ...
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...
WASHINGTON: A senior US Federal Reserve official has said President Donald Trump’s tariff measures are pushing up the risk of higher inflation and weighing on the outlook for jobs and economic ...
Mortgage rates are bouncing around, though not because of inflation data or job numbers. Financial markets (stocks and bonds) ...
Policymakers and economists say the latest data is only a temporary reprieve as tariffs could stoke higher inflation.
Carney calls Trump Canada’s “biggest risk” as tariffs loom, raising crypto mining costs but fueling adoption in inflation-hit ...
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