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Thousands of people continued to pay their final respects to the late Pope Francis at St. Peter's Basilica ahead of his ...
In Washington, D.C., myths die hard. Chief among them is the cherished "independence" of the U.S. Federal Reserve. Politicians swear it's sacred, economists worship it like a pagan idol, and central ...
The market’s latest move is up in part because Trump said late Tuesday that he has “no intention” to fire the head of the ...
Trump himself appointed Jerome Powell to head the Federal Reserve back in 2017. But it’s been mostly downhill since then ...
"Letting inflation gather steam today, by arbitrariyl holding down rates, would be a different story. This would be a message ...
President Trump is trying to force Jerome Powell, the Republican Federal Reserve Bank Chairman, to lower interest rates, but ...
The Dow Jones Industrial Average slumped more than 1,000 points, while the S&P 500 fell 2.8% and the Nasdaq dropped 3.2%. The ...
The central bank’s legitimacy is at risk as the president attacks the Fed for cutting rates before election but not now.
Guess which one President Donald Trump wants to fire. “He’s doing a great job. It’s just fake news,” Trump said Monday about ...
Since Trump took office in January, Powell has repeatedly said that an effort by Trump to remove him would contradict the law ...