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TRADING DAY Making sense of the forces driving global markets By Jamie McGeever, Markets Columnist Another batch of upbeat U.S. economic data including solid retail sales boosted risk appetite on ...
Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...
President Donald Trump this week said he had discussed with a group of Republican lawmakers the possibility of firing Federal Reserve Chair Jerome Powell, before walking back such plans, calling them ...
The president reportedly brandished a letter firing the Fed chair, then backed off, saying he likely wouldn’t dismiss him ...
Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the ...
In 1997, billionaire Carlyle co-founder David Rubenstein hired a then-relatively unknown member of the George H.W. Bush administration named Jerome Powell. Over the course of eight years, Powell led ...
Some of the biggest names on Wall Street are getting louder about the importance of an independent Federal Reserve as the White House pressure on Jerome Powell intensifies. JPMorgan Chase (JPM) CEO ...
Whether Federal Reserve Chair Jerome Powell is fired next week, forced to resign in six months or allowed to muddle through ...
Crypto bills advance to debate, United Airlines earnings beat expectations, Labubu dolls give Pop Mart a boost, and more news ...
This on-again, off-again approach has fueled a wave of uncertainty, compounding concerns over monetary policy and the ...
There could be a revolt in global markets, including a possible collapse in the dollar and US bonds, if President Donald Trump were to take the unprecedented step of removing Federal Reserve Chair ...
US President Donald Trump told reporters on Wednesday morning it was "highly unlikely" he would fire the chair of the US ...
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