The chair of the central bank is dealing with internal divisions while being besieged by President Trump and front-runners jockeying to replace him.
Category: Inflation (Economics)
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As Prices Pinch, Bessent Looks for Ways to Mollify Wary Consumers
Treasury Secretary Scott Bessent has offered a variety of creative justifications for President Trump’s import duties.
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Kevin Hassett Reportedly Becomes Front-Runner for Fed Chair
Kevin Hassett, a top White House economic adviser , is said to become the front-runner to lead the Federal Reserve, raising questions about its independence.
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The Fed and Big Tech Re-Raise Investors’ Spirits
Markets appear to be hoping again that the central bank will cut rates next month, and that the artificial intelligence boom has room to run.
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Top Fed Official Boosts Odds of a December Rate Cut
John C. Williams, president of the Federal Reserve Bank of New York, said the central bank had scope to lower borrowing costs ‘in the near term.’
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September Jobs Report Injects More Uncertainty Into Fed’s December Decision
Policymakers at the central bank are at odds over the need to cut interest rates for a third straight meeting, as inflation picks up again and the labor market slows down.
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September Jobs Report Injects More Uncertainty Into Fed’s December Decision
Policymakers at the central bank are at odds over the need to cut interest rates for a third straight meeting, as inflation picks up again and the labor market slows down.
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September Jobs Report Injects More Uncertainty Into Fed’s December Decision
Policymakers at the central bank are at odds over the need to cut interest rates for a third straight meeting, as inflation picks up again and the labor market slows down.
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December Rate Cut in Doubt as Fed Fault Lines Deepen, Minutes Show
The central bank’s decision to lower interest rates last month was more divisive than it first appeared as officials splintered over how to weigh a weakening labor market against rising inflation.
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Trump Says America Is in ‘Golden Age,’ Straining to Address Affordability
Speaking at a gathering of McDonald’s franchise owners and operators, the president boasted that he had “normalized” inflation.
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Trump Administration Lifts Some Food Tariffs in Effort to Ease Prices
It is walking back levies on imports including beef and coffee in what critics say is an admission that tariffs raised prices in the first place.
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The Astonishing Bull Market Will End One Day. Are You Ready?
Big stock gains have always been followed by big losses. Here are tips on how to prepare.