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Powell faces fresh challenges to Fed independence amid potential rate cut
For months, Jerome Powell largely ignored President Donald Trump’s constant hectoring that he reduce borrowing costs. On Friday, he changed course, saying the Fed could lower interest rates as soon as its next meeting in September.
Jerome Powell Signals Possible Rate Cuts—Here’s How To Protect Your Savings
During a speech this morning at the Federal Reserve Bank of Kansas City’s economic symposium in Jackson Hole, Wyoming, Federal Reserve Chair Jerome Powell addressed the tensions behind the central bank’s upcoming decision on the federal funds rate.
Federal Reserve Chair Jerome Powell carefully opened the door to an interest-rate cut in September, pointing to rising risks ...
The Fed may need to cut rates at its next meeting due to growing risks to the economy, including some “unusual” behavior in ...
Gold prices rebounded on Friday, buoyed by heightened expectations of a September rate cut following comments from Federal ...
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