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Trump's Clash With Fed Chair Powell Over Interest Rates Could Backfire in the Mortgage Market
On Monday morning, Trump again lashed out at Powell on his Truth Social, calling the Fed chair "a major loser" and demanding he lower interest rates "NOW." The stock market, which had begun to calm from tariff-induced panic, quickly plunged, with the S&P 500 closing down 2.3%.
Beth Hammack, president of the Cleveland Federal Reserve, is watching travel and shipping numbers to get a better handle on ...
The final reading of the University of Michigan's consumer sentiment survey showed inflation expectations have remained ...
Trump ramped up the pressure on Jerome Powell on Monday, calling the Fed Chair "Mr. Too Late" and a "major loser" on Truth ...
It’s up to the Fed to ensure that President Trump’s tariffs don’t lead to a lasting rise in inflation, said Minneapolis Fed ...
The Federal Reserve has itself to blame for recent attacks on the central bank, said Kevin Warsh, a former Fed governor who ...
Christopher J. Waller argued that the effect of tariffs on prices could be short-lived, but he warned about a bigger hit to ...
Federal Reserve Bank of Minneapolis President Neel Kashkari said it’s the central bank’s job to make sure tariffs don’t spur ...
Federal Reserve Governor Adriana Kugler said on Tuesday that with U.S. import tariffs significantly larger than expected and ...
Inflation remains stubbornly close to the federal reserve’s benchmark of 2%, the U.S. dollar is weakening, and the impact of ...
A top Federal Reserve official warned new tariffs might slow the economy, and suggested rising unemployment—not higher ...
Market participants unsettled by the Trump administration's choppy policy rollout are working to game out what the Federal ...
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