Jerome Powell
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Powell hints Fed may cut rates as U.S. inflation risk remainsIn a speech that will be closely watched at the White House and on Wall Street, Powell said that there are risks of both rising unemployment and stubbornly higher inflation.EconomyAug 22
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Trump fact-checked on-air by Fed Chair Powell in awkward exchangeWith cameras trained on the pair, President Trump adamantly insisted that his cost estimations were correct.TrendingJul 25
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As Trump mulls Powell’s future, Republican senators caution against firingSome Republican senators are cautioning President Donald Trump against firing U.S. Federal Reserve Chair Jerome Powell, saying it could potentially damage the Fed's independence.U.S. NewsJul 17
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Wall Street rides roller-coaster after Trump walks back talk of firing PowellStock markets in North America, especially in the U.S., are riding a roller-coaster Wednesday as President Trump floats the idea of firing Federal Reserve Chair Jerome Powell.EconomyJul 16
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Trump says it’s ‘highly unlikely’ he’ll fire U.S. Fed’s PowellThe push comes after a monthslong campaign by U.S. President Donald Trump to try to rid himself of the politically independent central banker.U.S. NewsJul 16
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U.S. Fed holds key interest rate steady, but still foresees future cutsOfficials expect inflation to worsen in the coming months but they still foresee two interest rate cuts by the end of this year, the same as they projected in March.ConsumerJun 18
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U.S.-China trade war not ‘sustainable,’ Trump’s treasury secretary saysTrump, who wouldn't say if he agreed with Scott Bessent, also said he had "no intention" of firing the chairman of the U.S. Federal Reserve, after previously suggesting he would.U.S. NewsApr 22
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U.S. interest rates likely paused amid economic uncertainty: PowellMost economists say that Trump's plans to slap tariffs on a wide array of imports, including tariffs on Canada and Mexico, will push up prices and slow growth.U.S. NewsMar 7
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After U.S. Fed cut, Powell says no near-term impact from Trump victory on ratesThe U.S. Federal Reserve cut its key interest rate for a second straight time, responding to a steady slowdown of the inflation pressures.U.S. NewsNov 7, 2024
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U.S. Fed cuts its key rate by 50 basis points in dramatic shiftThe U.S. Federal Reserve delivered an oversized interest rate cut of 50 basis points, reflecting confidence in taming inflation but concern over the economy.U.S. NewsSep 18, 2024
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