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Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...
Another batch of upbeat U.S. economic data including solid retail sales boosted risk appetite on Thursday, pushing to the ...
President Donald Trump this week said he had discussed with a group of Republican lawmakers the possibility of firing Federal Reserve Chair Jerome Powell, before walking back such plans, calling them ...
President Donald Trump denied reports he was planning to fire Jerome Powell. Can he even do that legally? Who nominated the Fed chair? What to know.
Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the ...
The president may try to terminate the Fed chair’s tenure early. But whether Trump has the ability to do so isn’t clear.
The president reportedly brandished a letter firing the Fed chair, then backed off, saying he likely wouldn’t dismiss him ...
After reports that President Trump planned to fire Federal Reserve Chair Jerome Powell sent markets lower, the president denied the reports, fueling a rebound. Wall Street experts are coming out in ...
In 1997, billionaire Carlyle co-founder David Rubenstein hired a then-relatively unknown member of the George H.W. Bush ...
Trump has called for aggressive cuts. Powell and the Federal Open Market Committee, which sets rates, have taken a wait-and-see approach on interest rates, partly due to concerns about how Trump's ...
Massachusetts Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, offered support Wednesday for Federal Reserve Chair Jerome Powell, whose policies she frequently criticizes.
Some of the biggest names on Wall Street are getting louder about the importance of an independent Federal Reserve as the White House pressure on Jerome Powell intensifies.