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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.
Trump initially imposed the Friday deadline after his previous “Liberation Day” tariffs in April resulted in a stock market panic. His unusually high tariff rates unveiled then led to recession fears, ...
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 ...
The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...
NEW YORK: Wall Street futures declined today, hammered by new US tariffs on dozens of trading partners and Amazon’s ...
President Donald Trump's order imposing new tariffs on scores of countries and the European Union starting in seven days has ...
The Canadian dollar fell nearly half a U.S. cent on Wednesday after the two central bank announcements. On Thursday, the ...
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
U.S. dollar soars as global stock markets tumble after president’s punishing new levies - Canadian Prime Minister Mark Carney says he is ‘disappointed’ after President Trump imposed a 35 percent ...
President Donald Trump called on the Federal Reserve board to “assume control” if Chair Jerome Powell does not lower interest ...