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The process to choose the next head of the Federal Reserve is getting under way, Treasury Secretary Scott Bessent said, suggesting that when current Chair Jerome Powell is replaced, he should also ...
Powell has repeatedly declined to answer questions on whether he might stay on as a governor. That reticence has complicated ...
The president slapped 30% tariffs on two of America’s biggest trading partners and went on TV to fume about the head of the Federal Reserve.
The U.S. is expected on Tuesday to report that rising costs for imported goods lifted overall consumer prices in June, ...
Economists expect the Consumer Price Index, to be released at 8:30 a.m., to show that the annual rate of so-called core ...
The Movement is a weekly newsletter tracking the influence and debates steering politics on the right. Sign up here or in the box below. Conservative influencers and personalities furious at the ...
Jerome Powell 'Fatigued' and Facing Resignation Rumours Over Controversial $2.5B Fed Palace Overhaul
US Fed chair Jerome Powell continues to face mounting pressure to step down amid scrutiny into whether he was truthful to ...
The US Dollar (USD) is trading on a slightly softer footing on Tuesday as investors brace for the closely watched US Consumer Price Index (CPI) release. With market participants repositioning ahead of ...
Trump is threatening to create a Federal Reserve independence nightmare for markets as the bitcoin price hits an all-time ...
U.S. Treasury Secretary Scott Bessent, in an interview on Bloomberg Surveillance on Tuesday, said that a "formal process" is ...
There are a lot of great candidates, and we’ll see how rapidly it progresses,' Bessent added. 'It’s President Trump’s ...
Inflation likely accelerated in June as sweeping tariffs on nearly all imports may have pushed up prices for electronics, ...
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