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Powell is not going to do anything,” Siegel said in an interview. “Trump, I think, is going to step up the escalation,” he said later.
The Federal Reserve said Wednesday afternoon it won’t move interest rates, matching expectations from economists and ...
Trump on Saturday said in a social media post the U.S. Federal Reserve should cut rates "sooner, rather than later." ...
Jerome H. Powell, chair of the Federal Reserve, has made clear that pre-emptive interest rate cuts are not appropriate for ...
The central bank held steady on rates, keeping them at a range of 4.25% to 4.5%, but highlighted rising inflation risk.
President Donald Trump could be setting up Fed Chair Jerome Powell as a 'scapegoat' if a recession hits, according to an MSU ...
And Powell wouldn’t reaffirm Fed officials’ March estimate of two rate cuts in 2025, Feroli said. Powell’s reluctance to delve too deeply into a rate-cut roadmap is understandable.
The Dow is heading for its worst April since 1932, according to Dow Jones Market Data, as reported by the Wall Street Journal. The Federal Reserve policy committee's next meeting is May 6 and May 7.