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Trump's Clash With Fed Chair Powell Over Interest Rates Could Backfire in the Mortgage Market
On Monday morning, Trump again lashed out at Powell on his Truth Social, calling the Fed chair "a major loser" and demanding he lower interest rates "NOW." The stock market, which had begun to calm from tariff-induced panic, quickly plunged, with the S&P 500 closing down 2.3%.
Tariffs are expected to raise the cost of living, but Wednesday's Personal Consumption Expenditures report on inflation and ...
Beth Hammack, president of the Cleveland Federal Reserve, is watching travel and shipping numbers to get a better handle on ...
(Reuters) -Federal Reserve Governor Adriana Kugler said on Tuesday that with U.S. import tariffs significantly larger than ...
The final reading of the University of Michigan's consumer sentiment survey showed inflation expectations have remained ...
Consumer sentiment nosedived in April to the lowest level since the peak of the post-pandemic inflation surge as President ...
San Francisco Federal Reserve President Mary Daly said on Friday that while she is still comfortable with a couple of ...
Trump ramped up the pressure on Jerome Powell on Monday, calling the Fed Chair "Mr. Too Late" and a "major loser" on Truth ...
Federal Reserve Bank of Minneapolis President Neel Kashkari said it’s the central bank’s job to make sure tariffs don’t spur ...
Americans are still dreading a recession and rising inflation, even after President Donald Trump paused his massive tariff hike on dozens of countries.
A top Federal Reserve official warned new tariffs might slow the economy, and suggested rising unemployment—not higher ...
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