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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.
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President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates ...
Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.
The U.S. central bank’s decision to hold interest rates steady in June was unanimously supported, but officials were starting ...
The newly published meeting minutes highlighted a divide over how Federal Reserve officials expect the economy to respond to ...
Federal Reserve Bank of San Francisco President Mary Daly said on Thursday the time to cut rates is nearing, without saying ...
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Federal Reserve Governor Chris Waller said on Thursday said he favors cutting the Fed's policy rate in July. He also ...
Some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome ...
Federal Reserve governor Christopher Waller said Thursday that the central bank should consider cutting interest rates at its ...
Explore the risks and potential of leveraged Direxion Daily Regional Banks Bull 3X Shares ETF with 3x regional bank exposure.
New tariffs unveiled by President Trump have further muddied the inflation outlook, Chicago Fed President Austan Goolsbee ...
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