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President Donald Trump has threatened a "major lawsuit" against Federal Reserve Chair Jerome Powell, while once again calling for an immediate cut to interest rates following muted inflation data.
The odds of a Federal Reserve cut in short-term rates rose after a poor jobs report, then fell after a poor Producer Price Index report.
By Suzanne McGee (Reuters) -Investors will next week train their sights on Jackson Hole, Wyoming, where Federal Reserve policymakers gather for their annual policy symposium, in a search for clues on ...
Next week's set-piece event is the Jackson Hole central-bank gathering in Wyoming, slated for Thursday through Saturday.
The 10-year Treasury yield will be a key factor determining how aggressively the Fed can cut rates, Marc Sumerlin, a contender for Fed Chair, said.
The Fed Chair Powell is expected to stay hawkish at the Jackson Hole Symposium and fail to signal an interest rate cut in ...