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By stubbornly refusing to lower interest rates despite ample data urging him to do so, Fed Chairman Jerome Powell is ...
President Donald Trump’s attacks on Federal Reserve Chair Jerome Powell are so commonplace at this point that they barely register in financial markets these days. The rapidly intensifying ...
Federal Reserve officials split over when to cut rates, Brazil vows response to 50% tariff, and more news to start your day.
Maybe that’s why Powell keeps getting it wrong. He’s not an economist; has he instead become a politician? That’s the view of President Trump, who is pushing Powell to lower interest rates ...
To allow an individual, or group of rogue political insiders to second guess professionals at the Fed would be a monumental ...
Brett Arends's ROI Opinion: Trump has made it (almost) impossible for Powell to cut interest rates Without an independent Fed, there probably won’t be as many bond investors in future. People ...
In our opinion, Powell was too dovish on Friday, and needlessly so, because the labor market has simply normalized after pandemic-related effects rather than cooled in response to economic weakness.
Market volatility fits into neither of those buckets so far. Jonathan Levin is a Bloomberg Opinions columnist focused on US markets and economics.
Brett Arends's ROI Opinion: Trump attacking Fed Chair Jerome Powell is a public relations ploy — and it’s working And that’s one reason why he probably won’t try to fire Powell ...
The upshot is that Powell and the Federal Reserve must ignore Trump, maintain independence, watch what happens to both policy and inflation, and raise or lower rates as they see fit.
Last September, when Powell cut rates, it was running at 2.7 percent. The job market has shown some cracks.
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