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What’s holding up interest rate cuts by the Federal Reserve?
Right now, inflation is still hovering just above the Federal Reserve’s target and data is mixed. That’s why Fed Chair Jerome Powell is keeping rates steady, despite public calls for action
Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.
Can Trump fire the Fed chair? He’s building a $2.5 billion excuse
The Federal Reserve is an independent organization, meant to be insulated from politics, and the Supreme Court suggested this year that President Donald Trump would need a reason, or cause, to fire Federal Reserve Chairman Jerome Powell.
The Trump camp’s tug of war over Fed Chair Jerome Powell’s future
Under the law, Trump can fire Powell for what’s known as “cause.” What Trump’s inner circle is grappling with is what exactly constitutes “cause” in a way that can withstand
'Reduce the credibility dramatically of the central bank.' Trump attacks the Fed chair, sending a chill through the global economy
The escalating campaign by Donald Trump against the Federal Reserve chairman is unnerving the global economy. Ron Insana and Max Chafkin discuss on The 11th Hour.
Al Jazeera on MSN4h
Can Donald Trump fire Jerome Powell, US Federal Reserve chair?
Trump questions Fed Chair Powell’s tenure, hints fraud, yet experts view removal improbable due to legal constraints.
Don’t do it, Don! Investors make clear why Trump shouldn’t try to fire Fed Chairman Jerome Powell
The White House leaks constituted a strategic trial balloon to see how terminating the Federal Reserve chairman would be received by the markets.
Federal Reserve says building renovation complies with law, defends costs
WASHINGTON (AP) — Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of two of its buildings is in compliance with plans approved by a local commission, disputing a White House suggestion that they may have violated the law by deviating from those plans.
Federal Reserve's Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has been h
The Global Risks That Come With the Loss of an Independent Fed
It isn’t just the U.S. Other countries have also come to expect an independent U.S. central bank.
Does an independent Federal Reserve really matter? Experts explain.
“It’s by now widely agreed, almost all over the world: If you leave monetary policy in political hands, you’ll get too much inflation,” Alan Blinder, a professor of economics at Princeton University and former vice chairman of the Federal Reserve, told ABC News.
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