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The comment marked a departure from his usual broadsides against Federal Reserve Chairman Jerome Powell.
Fed Chairman Jay Powell reassured investors who had seen a rate cut as less likely following a strong June jobs report last week.
The only question left seems to be: By how much will the Federal Reserve lower interest rates this month?
The temporary trade truce wasn't enough to shroud a still-gloomy outlook for growth in the US and elsewhere.
President Donald Trump suggested on Wednesday that he would prefer the ECB president to lead the Federal Reserve rather than Chairman Jerome Powell.
Fed Chief Jerome Powell just issued the strongest signal yet that the central bank will soon cut interest rates
Trade uncertainty and other global strains have risen in recent months and could lead the Federal Reserve to lower borrowing costs.
Trump has stepped up his attacks on the central bank as his trade wars threaten to hurt the economy in the run-up to the 2020 elections.
Trump has been putting pressure on his Fed chief for nearly a year — and it’s raising serious questions about how the central bank is supp...
Central banks are supposed to be independent, but recent actions from Fed Chair Powell in response to pressure from Trump are raising questions.
The Federal Reserve is expected to leave borrowing costs unchanged at the end of a two-day policy meeting Wednesday.
Officials explored the possibility in February, shortly after President Donald Trump talked about possibly firing Jerome Powell.