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Powell said when it comes to taking the interest on reserve power away, "there's an illusion that it would save money. That ...
Some GOP senators criticized Powell, however, for characterizing tariffs as a potential driver of inflation. Sen. Pete ...
President Donald Trump said he has three or four people in mind to succeed Federal Reserve Chair Jerome Powell when his term ...
The Fed remains in a holding pattern, keeping rates unchanged as inflation risks from tariffs and economic uncertainty ...
This disappointed many Americans, including President Donald Trump, who has been slamming Powell with a vast variety of vile ...
Trump is urging the Fed to cut rates to save the U.S. government money on its interest payments affixed to the vast national ...
The Fed chair told lawmakers that the central bank could afford to be patient amid uncertainty about how President Trump’s ...
Higher tariffs could begin raising inflation this summer, a period that will be key to Federal Reserve consideration of ...
Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.
President Donald Trump on Wednesday criticized Federal Reserve Chairman Jerome Powell for keeping interest rates too high, ...
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