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Fed Chair Powell Faces Fresh Challenges to Fed Independence Amid Potential Rate Cuts
There are 19 members of the Fed’s interest-rate setting committee, 12 of whom vote on rate decisions. One of them, Beth Hammack, president of the Federal Reserve’s Cleveland branch, said Friday in an interview with The Associated Press that she is committed to the Fed’s independence.
The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the ...
The average rate on 30-year fixed home loans registered at 6.58% for the week ending Aug. 21, same as last week.
Federal Reserve chair Jerome Powell signaled Friday that he could cut interest rates soon, which comes after months of ...
In just three months, tariffs as a percentage of imports quadrupled, topping 10% for the first time in two decades, according ...
So many Federal Reserve officials have said they are waiting for data over the next few weeks before deciding on a September ...
Almost all” officials backed July’s interest-rate decision, even though two governors backed a rate cut, according to a ...
Not even 48 hours after the conclusion of last month's meeting, data from the Labor Department appeared to validate the ...
While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease ...
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