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Fed's Powell says more interest rate rises coming

The Federal Reserve will deliver more interest rate hikes next year even as the economy slips towards a possible recession, Fed Chair Jerome Powell has said, arguing that a higher cost would be paid if it does not get a firmer grip on inflation.
Business • 15 Dec 22

Fed Reserve boss stops short of committing to rate cuts

The Federal Reserve will "act as appropriate" to keep the US economy healthy, Fed Chair Jerome Powell said on Friday, remarks that did not say how fast it might cut interest rates, drawing fire from President Donald Trump.
Business • 23 Aug 19

Trump echoes Fed official's comments in demand for cut

US President Donald Trump has used a Federal Reserve official's own words to amplify his continual demands for lower interest rates.
Business • 22 Jul 19

Trump's second pick for Fed board withdraws

US President Donald Trump said that conservative economic commentator Stephen Moore has withdrawn from consideration to become a member of the Federal Reserve Board, the president's second candidate to pull out.
Business • 02 May 19

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