Fed cuts interest rate as chair Powell bats away questions on impact of Trump agenda
Powell pointedly sidestepped a question about how his picture of a “strong” economy contrasted so markedly with the lived experience of millions of workers and their families struggling with a significant reduction in their living standards.
Powell issued a terse “No” in response to a question about whether he would leave his Fed post before his term is up if ...
The Wall Street Journal on MSN4h
Trump Enters Just as the Fed Is Shifting Its FocusWhether it sticks the landing could shape exactly what kind of economy Donald Trump inherits. If the Fed is fortunate, ...
Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?
But the outlook for further rate cuts has been clouded by expectations that key elements of Trump’s economic platform such ...
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald ...
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...
"Concerns that higher tariffs will drive up inflation has prompted markets to price out some Fed rate cuts next year," said ...
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.
16hon MSN
The incoming president's reaction to the central bank could serve as an early indicator of how extensively he plans to ...
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