US central bankers resist pressure from Donald Trump to cut interest rates
Jay Powell 1, Donald Trump 0. The president did not get what he wanted from the US Federal Reserve chair yesterday. Jay Powell and his fellow central bank officials held interest rates steady, defying pressure from Donald Trump to slash borrowing costs.
4hon MSN
An inflation gauge closely watched by the Federal Reserve rose slightly last month, while some underlying prices pressures ...
U.S. consumers grappling with soaring prices for beef and eggs will face even higher costs for meat, vegetables and fruit if ...
Trump will probably seek to ease inflation and lower prices by drilling for more oil, loosening regulations, reducing federal ...
Inflation was a driving force behind Donald Trump’s election, but he’s put the issue on the back burner during his first week ...
Investors are bracing for a looming hit to U.S. corporate profits and pressure on inflation if President Donald Trump makes ...
Trump's first year faces economic turbulence—inflation, tariffs, debt, immigration, and wealth gaps. His policies will shape ...
President Donald Trump blasted Fed Chair Jerome Powell and the nation's central bank Thursday, blaming their actions for ...
Many Americans say they voted for Donald Trump because he promised to defeat inflation. So it’s no surprise that Trump’s first actions included directives aimed at “emergency price relief ...
The order to "unleash" American energy is creating uncertainty for the country's energy markets and consumers.
Inflation rose two-tenths of a percentage point to 2.6% for the year ending in December, the Bureau of Labor Statistics reported Friday in an update to the personal consumption expenditures index, the ...
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