Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.
Category: Powell, Jerome H
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Trump Demands a Fed Governor Resign, Escalating Campaign to Remake Central Bank
The administration accused Lisa Cook of mortgage fraud and said it would refer the matter for criminal investigation.
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The Bull and Bear Cases for Another Market Rally
Stocks are still flying high. But doubts are creeping in about the S&P 500’s run, as some analysts have flashbacks to valuations during the dotcom boom.
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Tariffs Are High. So Is the Stock Market.
Strong corporate earnings, mostly stable tariff rates and the expectation of interest rate cuts have eased worries of a market reckoning.
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Tariffs Are High. So Is the Stock Market.
Strong corporate earnings, mostly stable tariff rates and the expectation of interest rate cuts have eased worries of a market reckoning.
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Fed Faces High Bar for Big Cuts Despite White House Pressure
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much relief officials can ultimately provide to borrowers.
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Fed Faces High Bar for Big Cuts Despite White House Pressure
The Federal Reserve is poised to lower interest rates in September. But signs of stickier inflation could limit how much relief officials can ultimately provide to borrowers.
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Why Investors Are Again Euphoric About Interest Rates
The S&P 500 is approaching a record on bets that Federal Reserve will lower borrowing costs despite uncertainty over President Trump’s trade war.
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Stephen Miran, Trump’s Temporary Pick at the Fed, Could Have a Lasting Effect
Stephen I. Miran may spend only a few months on the central bank’s board of governors, but in that time he can influence the discussions around interest rates and who will become the institution’s next leader.
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What a Trump Loyalist at the Fed May Mean for Markets
Stephen Miran, a close adviser to the president who is likely to become a governor at the central bank, has pushed for a weak dollar and lower interest rates.
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A Fed governor plans to resign, giving Trump an opportunity to shape central bank.
The resignation comes as President Trump has openly pressured the central bank to lower interest rates and called for Jerome H. Powell, the chair, to step down.
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Weak Jobs Report Raises Chances of a September Interest Rate Cut
The Federal Reserve held rates steady in July but two governors dissented, saying they had concerns about labor market fragility.