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Slashing government interest rates could have the paradoxical effect of raising the interest rates paid in the real world.
Federal Reserve Chair Jerome Powell is facing pressure from all sides as the Fed’s banking regulation conference kicks off ...
Tariffs pose rising inflation and rate cut risks for H2 2025 as CPI data hints at early price pressures in key goods. See why ...
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
The Trump administration's tariff plans may well just cause a one-time jump in prices, but the risk it could cause more ...
P resident Donald Trump responded to the acceleration of consumer price inflation with a renewal of his demand for the ...
Indeed, the only guaranteed path for Mr. Trump to get lower interest rates is slower inflation or a weaker job market. Right now, the Fed’s preferred inflation gauge is running closer to 3 percent, ...
U.S. President Donald Trump said Wednesday he is not planning to fire Federal Reserve Chair Jerome Powell, but he kept the ...
Inflation likely accelerated in June as sweeping tariffs on nearly all imports may have pushed up prices for electronics, ...
The possibility that President Trump could replace Federal Reserve Chair Jerome Powell with Treasury Department Secretary Scott Bessent is spinning heads from Washington to Wall Street and ...
Chicago Federal Reserve president Austan Goolsbee expressed support for Jerome Powell and central bank independence when ...
Trump urged the Federal Reserve to lower interest rates to 1%, but economists argue this could backfire, risking inflation & ...