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For the first time in more than three decades, two of the seven members of the central bank’s board voted against chair to lower rates.
Job growth missed the forecast of 106,000 in July, and unemployment rose from 4.1%.
Stock futures moved sharply lower Friday morning as investors reacted to news that the U.S. plans to impose higher tariffs on ...
The new tariff rates came before an Aug. 1 deadline Trump gave about 180 countries to either reach trade deals or face higher ...
Millions of Americans - not to mention President Trump - would like to see the Federal Reserve cut interest rates and lower borrowing costs. For that to happen, inflation has to stay under control and ...
Fed Governors Christopher Waller and Michelle Bowman again sounded the alarm on Friday that the labor market is weaker than ...
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
President Trump’s newest barrage of tariffs, major corporate earnings reports and an imminent reading on the U.S. labor ...
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Raw Story on MSN'Stubborn moron!' Fuming Trump launches dawn attack as repeated demands go ignoredPresident Donald Trump escalated his feud with Federal Reserve Chair Jerome Powell Friday over not cutting interest rates, ...
The Federal Reserve held interest rates steady again this week, and could even keep them in neutral until October. For savers ...
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