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With their eye on inflation, officials are inclined to hold rates steady when they meet in Washington on Tuesday and ...
The conflict between Trump and Powell worried investors because it called into question the independence of the Fed. The S&P 500 dropped roughly 2.4% the day Trump gave those remarks to reporters.
But the doubt disappeared shortly after remarks on inflation by a member of the rate-setting committee. Megan Greene, who voted with the majority for a hold at the last meeting in March ...
Megan Greene, who voted with the majority for a hold at the last meeting in March, told Bloomberg that US trade tariffs were more likely to push down on UK inflation by making it a destination for ...
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