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Solid Report Bolsters Fed’s Patient Approach to Interest Rate Cuts
The Fed’s caution is likely to put it on a collision course with Mr. Trump, who has repeatedly urged the central bank to cut interest rates. He did so again on social media on Friday, calling Jerome H. Powell, the Fed chair, “a disaster” and suggesting policymakers should cut rates by a full percentage point.
President Donald Trump said on Friday that a decision on the next Federal Reserve chair will be coming out soon, adding that ...
The U.S. labor market remained on firm footing in May—even as concerns mounted that higher tariffs would prompt employers to ...
The Beige Book for the period to May recorded a slowdown in economic activity, a looser labour market and an outlook that ...
Federal Reserve policymakers have already signaled they are in no rush to cut interest rates, and a government report on ...
The head of the Chicago Federal Reserve says tariffs cast uncertainty over Iowa's economy due to its reliance on agriculture ...
Federal Reserve Governor Adriana Kugler said larger price increases related to President Donald Trump’s tariffs are likely, ...
Ongoing trade tensions between the United States and the rest of the world are a shock to the entire global economy, meaning ...
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