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Have we seen Powell’s last rate cut as Fed chair?
Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labour market is currently the primary determinant of monetary policy, a signal that strong July employment figures could snuff out all bets for a September rate cut and reduce the likelihood of any further easing this year.
Mr Trump wants to oust Mr Powell for refusing to lower rates but likely lacks the legal authority. Read more at ...
White House staffers, too, have been training their guns directly at the Fed chairman, whom Mr. Trump himself appointed to ...
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome ...
The Bureau of Labor statistics slashed its payroll estimates for previous months, and posted a below-forecast number for July ...
The Fed should be cutting rates immediately, and its chairman should step aside to give President Trump a chance to save the ...
The National on MSN1d
Trump attacks Fed Chair Powell as danger signs flash in US jobs market
President Donald Trump on Friday attacked Fed Chair Jerome Powell as a new US jobs report put employment growth at a much ...
11dOpinion
The Lunacy of Lawfare Against the Fed
Criminalizing a spat over interest rates is an Argentina-level mistake.
Federal Reserve governor Adriana Kugler is stepping down from the central bank's board, giving President Donald Trump the chance to appoint an early replacement amid his monthslong campaign to badger ...
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