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Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Federal Reserve holds its benchmark rate steady at today's FOMC meeting
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
Federal Reserve sees first double dissent since 1993 as two officials vote for rate cut
The U.S. Federal Reserve's Federal Open Market Committee (FOMC) saw its first double dissent since 1993. While the FOMC ...
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What Is the Federal Open Market Committee (FOMC) and What Does It Do?
What Is the Federal Open Market Committee (FOMC)? How Does It Work? The central bank of the United States is known as the Federal Reserve. While it operates independently of the federal ...
Federal Reserve holds key interest rate steady for fifth straight meeting despite Trump's pressure
The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...
Ignoring Trump’s demands, Federal Reserve stands pat on interest rates
Federal Reserve holds steady on interest level but vote saw a pair of dissenting votes for the first time in decades ...
Fed's reticence on rate cuts forces market to rethink outlook
The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...
How stock-market investors should trade what could be a historic Fed dissent on Wednesday
The conclusion of the Federal Reserve’s policy meeting on Wednesday could produce a historic dissent. If so, investors should ...
Bowman, Waller argue for rate cuts, citing weakening labor market, limited inflation from tariffs
Slower economic growth and softer labor market dynamics warrant cutting the federal funds rate target range by 25 basis ...