From the man whose words move markets in seconds, it was a striking admission. Investors and journalists regularly parse his press conferences for hints about upcoming rate cuts or hikes, trying to ...
While some may argue that the president cannot remove the Federal Reserve chairman, doing so would not run afoul of the law.
Powell said things in Washington are often viewed through the lens of partisan politics, but that is not the case for the central bank.
One would think it would appreciate someone of his stature willing to share a part of the blame.
Federal Reserve officials may have to determine next steps for interest rates without access to the Bureau of Labor ...
The Supreme Court bailed out the U.S. central bank by allowing Governor Lisa Cook to keep her job — for now. Trump’s bid to ...
Interest rates are headed down, but the question may be whether that is enough to offset weakness in the labor market.
September payrolls expected to rise by just 39,000. But will a government shutdown throw data into flux? And does a cartoon ...
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US Govt Shutdown Clouds Economic Outlook: What Keeps Equities Buoyant? Ben Powell Explains
The disruption has already delayed the release of payroll data, deepening uncertainty around the economic outlook.
One of the most lucrative tax breaks corporate America won in Donald Trump’s signature economic legislation is hitting a roadblock in a minimum tax Congress set three years ago under Joe Biden.
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