Fed, Powell and Trump
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U.S. president Donald Trump has helped spur the crypto market higher, pointing to its success as why the Federal Reserve should “rapidly” lower interest
A new "Frequently Asked Questions" page on the Federal Reserve's website defends the central bank's recent renovation project — and responds to many Trump administration criticisms of it. Office of Management and Budget Director Russell Vought slammed the renovation project and said he would pursue an investigation.
Donald Trump is narrowing down his short list of possible successors to Federal Reserve Chairman Jerome Powell, as he resists the president's very public calls to cut interest rates. The top contenders include two Kevins,
Hassett cowrote the book Dow 36,000 at the peak of the dotcom bubble in 1999, saying stocks could “quadruple tomorrow and still not be too high”. Alas, the Dow soon sank into a lengthy bear market, bottoming at 6,
In a response to Fortune, Federal Reserve Bank of St. Louis President Alberto Musalem defended the Fed's autonomy, citing global evidence that independent central banks deliver stronger inflation and employment outcomes.
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Money Talks News on MSNFed Fight Heats up: What Trump’s Choice Could Mean for YouAccording to CBS News, President Trump’s potential picks for the role include critics of the current Fed approach. A new chair could bring sharp changes to borrowing costs or investment returns. Consider what’s at stake. If the next chair pushes for lower rates, homebuyers may benefit. But savers enjoying high yields could lose ground.
The debate over how and when the tariffs will affect prices has divided central bank policymakers over the trajectory for interest rates.