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WASHINGTON—Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump’s tariffs effect ...
Euro stayed in a commanding position against the US dollar as markets eyed possibility of a near term interest rate cut by ...
Unemployment rose to 6.3% in the 20-nation currency area, up from 6.2% in April, the European Union's statistics agency Eurostat said Wednesday. A consensus of economists polled by The Wall Street ...
The squabbling between the president and the central bank’s chairman is a reminder of how anomalous the Federal Reserve is in ...
“In effect, we went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs,” Powell said Tuesday ...
There's a chance Donald Trump won't get lower interest rates even after he finds a replacement for Fed Chair Powell, market ...
Federal Reserve Chair Jerome Powell on Tuesday stuck to his position that the central bank will keep its key rate on hold while it waits to see how President Donald Trump's tariffs effect the economy, ...
Jerome Powell replied to President Trump's aggressive pressure on Fed rate cuts, following which Bitcoin witnessed a slip ...
It might help to think that if U.S. President Donald Trump hadn’t introduced tariffs, his other policies could have also ...
Futures data from IG suggests European markets will open higher, with London's FTSE looking set to open 0.2% higher at 8,804, ...