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Global central banks are in a rate-cutting frenzy. Here are the 7 other meetings coming up this month, and what’s expected at each.
The recent cut by the European Central Bank could be just the beginning of easing in September. The Fed is the next major bank to meet this month.
The central bank has increasingly been a target of verbal assaults out of the White House ahead of the 2020 elections.
The central bank has increasingly become a target of verbal assaults out of the White House ahead of the 2020 elections.
An independent central bank is seen as crucial for the health of financial markets and for the economy.
The record 107th month of job gains was unlikely to temper investor hopes that the Federal Reserve would lower interest rates again later this month.
The independent central bank is poised to leave the White House disappointed when it meets this month.
"We don't have a Tariff problem (we are reigning in bad and/or unfair players), we have a Fed problem," Trump said. "They don't have a clue!"
Weaker factory activity has increasingly hit states that could alter Trump's prospects for re-election in 2020.
Former Fed official Bill Dudley urges the central bank not to embolden Trump on trade or his 2020 re-election bid
The highly unusual warning came after a week of head-spinning trade escalations between the largest economies.
Trump lashes out after Fed chief Powell signals the central bank won’t cut rates as much as White House wants
With Fed officials divided on whether to further lower interest rates, investors hung onto every word Powell said Friday.