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US President Donald Trump on Thursday stepped up the pressure on Federal Reserve chair Jerome Powell to cut interest rates, in their first sit-down...
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Business
US firms have warned the Federal Reserve that the cost of President Donald Trump’s tariffs will likely be borne by consumers, according to minutes...
Business
US Federal Reserve Chair Jerome Powell told staff on Friday that the bank plans to cut its workforce by around 10 percent in “the...
Business
Federal Reserve Chair Jerome Powell on Thursday warned of the possibility of “more persistent” supply shocks, as US central bankers met for talks against...
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The Fed that policymakers had voted unanimously to hold the US central bank's key lending rate at between 4.25 percent and 4.50 percent.
Business
The US Federal Reserve faces a tough choice Wednesday as it contends with President Donald Trump’s tariff rollout: Prioritize tackling inflation by holding interest...
Business
The US Federal Reserve began a two-day discussion over interest rates Tuesday, with policymakers widely expected to pause again and wait for clarity on...
Business
The US Federal Reserve is widely expected to extend a recent pause in rate cuts this week as it waits to see how President...
Business
Donald Trump’s simmering discontent with the US Federal Reserve boiled over this week, with the president threatening to take the unprecedented step of ousting...
Business
Tariffs are likely to push up prices and could put the US Federal Reserve in the unenviable position of having to choose between tackling...