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Persistent inflation prompted traders in interest rate futures to all but rule out a reduction in borrowing costs during a ...
Treasury Secretary Scott Bessent confirms search for Fed Chair Jerome Powell’s successor is underway
The Trump administration has formally begun the search for a successor to Federal Reserve Chair Jerome Powell, whose term ...
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By Carolina Mandl, Matt Tracy and Gertrude Chavez-Dreyfuss NEW YORK (Reuters) -President Donald Trump's renewed calls for ...
Wells Fargo also reported its second-quarter earnings early Tuesday, beating Wall Street’s profit and revenue targets. Wells ...
Inflation rose last month to its highest level since February as President Donald Trump’s sweeping tariffs push up the cost ...
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The JPMorgan chief warned the Federal Reserve’s independence is critical as Scott Bessent says a “formal process” to replace ...
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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