Tag #Federal Reserve

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Federal Judges Block Trump's Attempt to Remove Federal Reserve Governor Lisa Cook

A federal appeals court blocked President Trump's attempt to remove Lisa Cook from the Federal Reserve Board, citing insufficient grounds for removal and the Fed's unique structure, hours before a crucial interest rate meeting.

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Trump Appointee Miran Confirmed to Federal Reserve Board

The Senate confirmed Stephen Miran, a Trump advisor, to the Federal Reserve Board, granting President Trump more influence over the central bank's interest rate decisions, a move that occurred one day before a crucial interest rate meeting.

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thetimes.com
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Kier Group Reports Profit Rise Amidst UK Economic Slowdown

Kier Group, a FTSE 250 construction firm, announced a 15% increase in pre-tax profits to £78.1 million for the year ending June 2024, while revenue grew by 3% to £4.1 billion; this comes as UK job and wage growth slows and the Competition and Markets Authority investigates a major student housing me...

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Wall Street Ends Best Week in Five Despite Dow Dip

US stocks concluded their best week in five years with mixed results, as the S&P 500 edged down slightly from its record high, the Dow fell 273 points, and the Nasdaq reached a new high, fueled by anticipation of a Federal Reserve interest rate cut.

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Bond Market Signals Economic Slowdown Amidst Strong Consumer Spending

Concerns about the US economy's health are rising as the bond market signals a slowdown, despite robust consumer spending and a stock market near record highs, driven by weaker-than-expected job market data.

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Fed Faces Pressure to Cut Rates Amidst Weakening Labor Market

With the US labor market significantly weaker than previously reported, the Federal Reserve is under pressure to cut interest rates this week, a decision complicated by the lingering effects of Trump-era tariffs and uncertainty about inflation.

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nbcnews.com
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Senate Confirms Stephen Miran to Federal Reserve Board

The Senate confirmed Stephen Miran to the Federal Reserve Board in a 48-47 vote, with only one Republican voting against him, fulfilling President Trump's push for lower interest rates.

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theguardian.com
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Senate Confirms Trump Ally to Federal Reserve, Raising Concerns Over Independence

The Senate confirmed Stephen Miran, a senior Trump official, to the Federal Reserve's board of governors, marking the first time a sitting executive branch member will serve at the central bank's highest level, despite concerns over potential political interference.

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cnnespanol.cnn.com
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Bond Market Shift Reflects Weakening US Economy

Concerns about the US economy's health are rising, as reflected by a bond market shift despite the stock market nearing record highs; weaker-than-expected jobs data fueled a bond rally, with investors seeking safe havens and anticipating a Federal Reserve interest rate cut this week.

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Mortgage Rate Cuts: Expert Advice for Homebuyers

The Federal Reserve's expected rate cut in September 2025 could lower mortgage rates, impacting homebuyers' purchasing power; however, experts advise caution against hasty decisions.

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abcnews.go.com
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Trump Administration's Bid to Remove Fed Governor Lisa Cook Rejected

A US appeals court rejected the Trump administration's attempt to remove Federal Reserve Governor Lisa Cook from her post, preventing interference in the upcoming interest rate decision.

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32% Bias Score

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aljazeera.com
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US Federal Reserve Poised for Interest Rate Cut Amid Economic Uncertainty

Facing a cooling labor market and rising inflation, the US Federal Reserve is likely to lower interest rates next week, a move influenced by recent economic data and political pressure.

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Showing 49 to 60 of 918 results