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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. labor 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.
2don MSN
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...
Setting rates is sometimes more art than science, especially when the economy keeps defying predictions. Fed officials are ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
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Former Treasury Secretary Lawrence Summers backed Jerome Powell’s silence on whether he will step down from the Federal ...
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