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Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.
Minutes from the Federal Reserve’s July meeting showed policymakers grappling with a slowing labor market and inflation that ...
He said Lisa Cook, one of the officials who sets interest rates at the Federal Reserve, should step down over unproven fraud ...
A potential candidate to succeed Federal Reserve Chair Jerome Powell, David Zervos, said that it’s inaccurate to describe the ...
17h
BusinessWorld on MSNPeso jumps before Fed minutes, symposium
THE PESO rebounded against the dollar on Wednesday on expectations of a dovish tone from the minutes of the US Federal Reserve’s July meeting overnight and the much-awaited gathering of US central ...
Federal Reserve Governor Lisa Cook remained defiant in the face of President Donald Trump's calls for her to step down from the central bank on Wednesday.
20h
BusinessWorld on MSNPSEi ends flat as market awaits Fed policy hints
PHILIPPINE STOCKS ended flat on Wednesday as investors stayed on the sidelines ahead of a trading break and the US Federal Reserve’s Jackson Hole symposium. The bellwether Philippine Stock Exchange ...
6h
Khaleej Times on MSNGold firms as dollar weakens, focus on Fed minutes and Jackson Hole
Spot gold was up 0.8% to $3,341.50 per ounce, by 11:37 a.m. EDT (1537 GMT) after hitting its lowest level since August 1 ...
Federal Reserve governor Lisa Cook late Wednesday said she wouldn't leave her post after Trump on social media called on her to resign over an accusation from one his officials that she committed ...
To make recommendations for preventing bats from reentering Jackson Lake Lodge’s attic, Wyoming health officials plan to ...
LONDON - The U.S. dollar was little changed on Wednesday as traders awaited a speech from Federal Reserve Chair Jerome Powell at the annual Jackson Hole symposium later this week for clues on the ...
President Donald Trump on Wednesday demanded the resignation of Lisa Cook, a member of the Federal Reserve Board of Governors, in his latest effort to bend the independent central bank to his will.
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