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Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
The remarks came a day after Powell voiced alarm about Trump’s tariff policy, saying it would likely hike inflation and slow ...
"Our independence is a matter of law," said Powell, pointing out Fed governors are not removable, except for cause. But he did talk about a Supreme Court case - Trump v. Wilcox - in which the justices ...
President Donald Trump on Thursday ratcheted up his criticism against Federal Reserve Chair Jerome Powell, calling for his ...
Not only was this an act of economic warfare, it has broken the cardinal rule in American politics: Never destabilize the ...
China has warned it is "not afraid" of a trade war with the United States, calling instead for dialogue grounded in "equa ...
Merck & Co has filed a lawsuit against the Biden administration, seeking to strike down the negotiation elements of the Inflation Reduction Act (IRA) on the grounds that it is unconstitutional and ...
World's leading retailer Walmart has leased 4.6 lakh square feet (sq ft) of space in ITPC, Chennai, for a monthly rent of Rs ...
"Inflation will increase as costs of imported goods rise and currencies devalue against the US dollar," Adesina said in ...
“We see the tariff war as primarily an act of self-harm that will leave the US teetering on the edge of recession with inflation constraints on the ability of the (Federal Reserve) to provide support, ...
If the goal was wasting billions of dollars expanding government control over energy, transportation, and industry, it’s doing exactly what it was designed to do.
"If longer-term inflation expectations are anchored, a monetary policy approach that is responsive to both employment and ...