Tag #Federal Reserve

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abcnews.go.com
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Trump Attempts to Fire Federal Reserve Governor, Sparking Conflict Over Fed's Independence

President Trump attempted to fire Federal Reserve Governor Lisa Cook, citing mortgage fraud allegations; Cook denies the accusations and claims Trump lacks the authority to remove her, citing her 14-year term, sparking a conflict over the Federal Reserve's independence.

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forbes.com
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Powell's Rate Cut Hint Boosts Billionaire Wealth

Federal Reserve Chair Jerome Powell's comments on potential rate cuts boosted the net worth of billionaires Elon Musk and Larry Ellison by \$9.3 billion and \$4.4 billion respectively, while the US government took a 10% stake in Intel, and a judge overturned a \$500 million penalty against Donald Tr...

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smh.com.au
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Powell Hints at Rate Cut Amidst Trump's Assault on Fed Independence

Federal Reserve Chair Jerome Powell hinted at a possible interest rate cut in September due to rising inflation from Trump's tariffs and slowing employment growth from his immigration policies, creating a policy dilemma amid Trump's attacks on the Fed's independence.

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56% Bias Score

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smh.com.au
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Wall Street Rallies on Powell's Rate Cut Hint

Following Federal Reserve Chairman Jerome Powell's hint at potential interest rate cuts on Friday, Wall Street rallied to its best day in months, with the S&P 500 up 1.5 percent and the Dow Jones soaring 846 points, while the Australian sharemarket is also expected to rise.

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edition.cnn.com
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Dow Hits Record High After Powell Hints at Rate Cuts

On Friday, the Dow Jones Industrial Average reached a record high of 45,631.74, up 1.89%, following Federal Reserve Chair Jerome Powell's suggestion of potential interest rate cuts to address rising concerns about the slowing labor market and the possibility of higher layoffs and rising unemployment...

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us.cnn.com
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Powell Hints at Rate Cut Amidst Political Pressure on the Federal Reserve

Federal Reserve Chair Jerome Powell suggested a possible interest rate cut due to rising risks to employment, amidst unprecedented political attacks on the Fed from the Trump administration, which is attempting to reshape the central bank's leadership and policies.

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48% Bias Score

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cbsnews.com
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CD Rates Expected to Fall This Fall

Amid economic uncertainty and a potential Federal Reserve rate cut, experts predict a decline in CD interest rates from the current 4%-4.5% range by year-end, advising savers to consider strategies like CD ladders to manage risk.

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us.cnn.com
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Powell Hints at Interest Rate Cuts, but Consumer Impact Remains Uncertain

Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts, contingent on economic data, causing the Dow to soar to a record high on Friday; however, the impact on consumers may be limited, as analysts predict minimal changes to credit card interest rates and only slight decreases in...

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cbsnews.com
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Mortgage Rates Plunge to Lowest Point Since October 2024

Mortgage rates fell to a 6.58% average for 30-year loans on Thursday, the lowest since October 24, 2024, influenced by a previous Federal Reserve rate cut and upcoming economic data releases including unemployment, inflation, and the Fed's September meeting.

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theguardian.com
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Trump Allies Accused of Weaponizing Mortgage Fraud Allegations Against Political Opponents

Donald Trump and his allies, led by Bill Pulte, are using accusations of mortgage fraud to target political opponents, including Federal Reserve Governor Lisa Cook, Senator Adam Schiff, and New York Attorney General Letitia James, raising concerns about the weaponization of the legal system.

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dailymail.co.uk
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Powell Hints at September US Interest Rate Cut, Sending Markets Soaring

Federal Reserve Chairman Jerome Powell hinted at a possible interest rate cut in September, causing major market increases, following months of pressure from President Trump to lower rates, while acknowledging the need to balance employment and inflation concerns.

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36% Bias Score

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theguardian.com
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Fed Signals Rate Cuts, But Long-Term Outlook Uncertain Amidst Trump's Trade Policies

Following strong signals of upcoming Federal Reserve interest rate cuts, stocks soared on Friday; however, long-term rates may remain elevated due to President Trump's trade policies, which have increased inflation and destabilized the labor market, impacting the housing market and overall economic ...

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Showing 157 to 168 of 918 results