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Trump, Federal Reserve System
Trump has threatened to fire the chair of the US Federal Reserve. That could be bad news for inflation
Dismissing Jerome Powell would be a serious breach of long-standing norms of central bank independence. That doesn’t mean we shouldn’t take the possibility seriously.
Trump likely to allow Fed Chair Powell to serve remainder of his term, CNN reports
U.S. President-elect Donald Trump is likely to allow Jerome Powell to serve the remainder of his term as the Federal Reserve chair, CNN reported on Thursday, citing a senior adviser to Trump.
Federal Reserve cuts interest rates, days after election of Trump
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing costs just two days after the victory of President-Elect Donald Trump.
3d
on MSN
The Federal Reserve as we know it could soon be turned on its head
That’s because, as one former Federal Reserve chair famously said, central bankers’ job is to remove the punchbowl right when ...
Hosted on MSN
2d
Power clash? US Central Bank boss vows to defy Trump if his sack is demanded
Register here! In a bold statement on Thursday, Jerome Powell, Chairman of the United States
Federal
Reserve
, shot down ...
16h
on MSN
Trump has promised lower interest rates. That will be largely out of his control
While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...
Investopedia on MSN
5d
Why The Federal Reserve is Likely to Cut Interest Rates This Week
The Fed is widely expected to cut its key interest rate by a quarter percentage point on Thursday, at the conclusion of the ...
Hosted on MSN
2d
Powell Signals Readiness to Defy Trump in Defense of Fed
Federal
Reserve
Chair Jerome Powell made clear he’s ready to defend the US central bank from political pressure following ...
AOL
3d
When’s the next Federal Reserve meeting? What to expect — and how it affects your finances
The
Federal
Reserve
meets for its eighth and final two ... from decreasing the purchasing
power
of the dollars in your wallet, to increasing the interest rates you pay to borrow money, to ...
CBS News on MSN
2d
Federal Reserve lowers interest rates by 0.25 percentage points in second cut of 2024
The Federal Reserve announced its second interest rate cut of 2024, but Trump's economic priorities could impact future ...
3d
Federal Reserve Meeting: Updates and Commentary
In the wake of the November 5 election, the Federal Reserve had its next scheduled meeting. In September, the Fed cut rates ...
CNN on MSN
9d
Trump’s former pick to join the Federal Reserve has proposed a radical solution to solve inflation
Shelton, whom Trump unsuccessfully nominated to the
Federal
Reserve
Board in 2020 ... central bank adopts a new attitude ...
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