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Trump says he won't fire Fed chief Jerome Powell
President Trump says he never wanted to kick Jerome Powell out of the Federal Reserve
President-elect Donald Trump has shut down speculation about removing Jerome Powell from his position as Federal Reserve Chair. These speculations come from him saying during campaign that he would take over the central bank and be in charge of the economy himself.
Trump will not try to oust Powell as Federal Reserve Chair, president-elect tells NBC News
President-elect Donald Trump said in an NBC News interview that he would not remove Jerome Powell as chairman of the Federal Reserve.
Trump says he doesn’t plan to remove Fed chairman Jerome Powell
The comments mark the first time since the presidential election that Trump has publicly backed Powell. In July, Trump said he would not fire Powell if he won, despite Trump’s contentious relationship with the central bank in his first term.
2d
on MSN
The Fed shouldn't cut rates as inflation is rising, markets are too frothy, JPMorgan Asset Management bond expert says
Traders see an 88% chance the Fed will cut rates another quarter-point in December, according to CME FedWatch.
3d
on MSN
Trump wants ‘a say’ in the Federal Reserve. Many Republicans do not agree
Trump wants ‘a say’ in the Federal Reserve. Many Republicans do not agree - Lawmakers on both side of the aisle have long ...
2d
Federal Reserve meeting looms as inflation report poses test for stocks rally
Fed fund futures trading as of mid-day Friday indicated a nearly 90% chance the central bank would cut by 25 basis points, according to CME FedWatch.
2d
on MSN
What Does the November Jobs Report Mean for the Federal Reserve?
Friday's jobs report bolstered traders' belief that the Federal Reserve will cut its influential interest rate again in ...
3d
on MSN
Why Trump and the Federal Reserve could clash in the coming years
President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the ...
13d
on MSN
Warren warns Trump Treasury pick not to interfere with Federal Reserve
Sen. Elizabeth Warren (D-Mass.) urged President-elect Trump’s pick for Treasury secretary, billionaire investor Scott Bessent ...
4d
on MSN
Powell Defends Federal Reserve Independence
As federal agencies prepare to hand the keys over to President Donald Trump's second administration, one top official isn't ...
The Associated Press on MSN
12d
Federal Reserve officials signal cautious path for rate cuts amid still-high inflation
With inflation still elevated,
Federal
Reserve
officials expressed caution at their last meeting about cutting interest ...
Money Metals Exchange
3d
Federal Reserve Woes and Precious Metals Trends
The Federal Reserve’s precarious financial situation, ongoing inflationary pressures, and the role of precious metals in ...
PBS
4d
Federal Reserve Bank of San Francisco president on latest efforts to tame inflation
The Federal Reserve may cut interest rates later this month as officials weigh inflation and the broader economy. Inflation ...
4d
Apple Savings APY hits new low of 3.90% after Federal Reserve rate cut
The Apple Savings APY falls again after another Federal Reserve rate cut in November, reaching a new all-time low of 3.90% ...
2d
S&P 500, Nasdaq hit record closing highs as Lululemon gains, fueling Fed expectations
The Dow Jones Industrial Average .DJI fell 123.19 points, or 0.28%, to 44,642.52, the S&P 500 .SPX gained 15.16 points, or ...
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