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When central banks are pressured by politicians into overheating the economy, everyone ends up getting burned.
By stubbornly refusing to lower interest rates despite ample data urging him to do so, Fed Chairman Jerome Powell is committing his third major policy blunder in six years. If he continues this ...
Uncertainty over Federal Reserve Chair Jerome Powell’s tenure is prompting investors to assess potential market reactions should there be an premature change in leadership at the U.S. central bank.
The coalition against Powell appears to be growing by the day. The director of the Federal Housing Finance Agency (FHFA), Bill Pulte, has accused the chairman of political bias and called for a ...
President Donald Trump on Wednesday appeared to escalate his attacks on Federal Reserve Chair Jerome Powell, a step investor ...
Last September, when Powell cut rates, it was running at 2.7 percent. The job market has shown some cracks. The latest month showed a gain of 139,000, slightly better than expected, but below the ...
Bill Pulte, who oversees Fannie Mae and Freddie Mac, applauded chatter stating Federal Reserve chair Jerome Powell would soon depart from his position. “I’m encouraged by reports that Jerome ...
Trump's pressure on the Fed to lower interest rates clashes with the Fed's concerns about inflation and unsteady fiscal policy. The president's consideration of appointing a successor early to ...
If he continues this tight-money path through the July 29 Fed meeting, “Too Late” Powell will go down as the worst Fed chair in history. It’s not like Powell lacks stiff competition. In the ...
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