Jerome Powell, Fed
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Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and has suggested it could be cause to fire him.
The Federal Reserve's] hesitancy to cut rates, I think, is actually … quite a mark against them,” former Fed governor Kevin Warsh said.
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Trump’s needling aside, the latest inflation data show that Powell’s wait-and-see approach is the exact right tack for today’s economic outlook. The Bureau of Labor Statistics said Tuesday that the core consumer price index rose 0.
The Fed's independence is key for dollar stability; Firing Powell and tariff-driven policies could impact inflation, interest rates, and markets. Read what investors need to know.
Whatever the Fed chief’s errors, canning him early would be an economic and legal mistake.
Federal Reserve Chair Jerome Powell made one thing certain during his closely watched speech in Jackson Hole, Wyo., on Friday: Inflation is still too high. “It is the Fed’s job to bring ...
Economists expect the Consumer Price Index, to be released at 8:30 a.m., to show that the annual rate of so-called core inflation edged up to 3 percent in June as businesses started to pass some of the $100 billion collected in import taxes along to consumers.