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Inflation moved up in June, due partially to businesses passing tariff costs onto consumers. Despite the uptick, President Trump is on the warpath for the Federal Reserve to cut interest rates, a ...
The C.E.O. of JPMorgan Chase, who has rarely taken on President Trump during his second term, wades into the argument over ...
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve remains critically important, after President Donald Trump has spent months attacking Fed Chair Jerome Powell.
Analysts say the latest dust-up between President Donald Trump and Fed Chair Jerome Powell may be more than meets the eye and that markets may not be concerned enough about the situation.
Inflation surged to 2.7% in June, the highest since February, driven by tariffs on goods like furniture and appliances ...
The Treasury secretary also stated his preference that Powell step down from the Fed entirely when his term ends.
Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve’s credibility.
The CEO of the biggest U.S. bank warned Tuesday that “playing around with the Fed can often have adverse consequences.” ...
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Stocktwits on MSNScott Bessent Says ‘Formal Process’ To Replace Fed Chair Jerome Powell Has BegunTreasury Secretary Scott Bessent revealed on Tuesday that the formal process to find a successor to Jerome Powell has begun, as the Trump administration continues to intensify its pressure on the ...
The tariff-driven inflation that economists feared begins to emerge after President Donald Trump's sweeping moves.
Treasury Secretary Scott Bessent confirmed on Tuesday that the administration was formally vetting a replacement for Federal Reserve Chairman Jerome Powell amid reports that he was mulling his ...
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