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Legal experts say there's no law preventing the Treasury secretary from also serving as the chair of the Federal Reserve. "There's no prohibition in the Federal Reserve Act that says a member of the ...
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Why Trump getting his way on interest rates could signal weaknessU.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government ...
Federal Reserve Bank of Boston President Susan Collins said she continues to believe the US central bank can be patient in ...
The Federal Reserve and Office of the Comptroller of the Currency terminated enforcement orders against Industry Bancshares ...
Persistent inflation prompted traders in interest rate futures to all but rule out a reduction in borrowing costs during a ...
Wells Fargo also reported its second-quarter earnings early Tuesday, beating Wall Street’s profit and revenue targets. Wells ...
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Tech stocks were an outlier, though, and the Nasdaq composite rose 0.2% to set another record thanks to Nvidia, the market’s ...
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
JPMorgan Chase CEO Jamie Dimon went to bat Tuesday for the Federal Reserve and its chair, Jerome Powell, as the White House ...
Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect may be beginning.
The June inflation data is likely to keep Federal Reserve officials cautious, open to cutting interest rates later this year ...
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