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Trump Wants a 3-Point Fed Rate Decrease. But You Can't Always Get What You Want.
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel the central bank to lower its benchmark interest rate. The Fed has the right to act independently, and its aim is to promote a healthy and stable economy by keeping inflation in check.
Federal Reserve Bank of San Francisco President Mary Daly said on Thursday the time to cut rates is nearing, without saying ...
Federal Reserve governor Christopher Waller said Thursday that the central bank should consider cutting interest rates at its ...
Richard Clarida, former Federal Reserve Vice Chairman and current global economic advisor at PIMCO, joins CNBC's "Closing ...
The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to ...
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...
Trump’s top budget adviser sent Powell a letter saying Trump is “extremely troubled” by the “ostentatious overhaul.” Two ...
The Fed report suggests that a higher prime rate is causing, at least in part, growth in card interest rates. The prime rate ...
The prospect of the Federal Reserve once again setting its short-term interest rate target at near zero levels at some point ...
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