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On social media, Trump said Fed Chair Powell is “destructive.” Specifically, the U.S. president wrote that “Too Late” Powell is costing America “hundreds of billions of dollars” by not cutting ...
Donald Trump’s tariffs have opened a schism at the Federal Reserve as top policymakers spar over whether to cut interest rates as soon as this summer or hold them steady for the remainder of 2025.
Gold fell to close the holiday-shortened week, with front-month contract settling down 0.6% to $3,368.10 a troy ounce.
Financial markets were shaken but not stirred this past spring, according to the Federal Reserve, as swinging stock prices ...
Hong Kong’s Hang Seng index led declines in Asia-Pacific markets on Thursday, falling over 2% as investors weighed the U.S.
I think we’re in the position that we could do this as early as July,” Fed Governor Christopher Waller told CNBC’s “Squawk Box” on Friday morning.
Traders are weighing the possibility of direct US military involvement in the Israel-Iran war, now in its second week.