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The S&P 500 lost five days in a row, extending its declines on fears regarding the economy and company earnings reports. The index declined by 0.3%, with te ...
US stocks open lower after a rare earnings miss from Walmart and comments from the Kansas City Fed chief that sow doubt for September rate cut.
Grownups like Powell and Cook are firm, but restrained. In a piece about Powell this week the WSJ quoted one of his former colleagues as saying, “I think it is no more subtle than he wakes up every ...
Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may hold positions in securities recommended in this report, both personally and ...
A U.S. Justice Department official urged Federal Reserve Chair Jerome Powell to remove Lisa Cook from the Federal Reserve's ...
Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage ...
Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation ...
President Trump and his allies have accused Federal Reserve Chair Jerome Powell of dragging his feet on interest-rate cuts, in an unprecedented pressure campaign. Here are some of the ways Powell has ...
Welcome to the Daily News Brief, CFR’s flagship morning newsletter summarizing the top global news and analysis of the day. Subscribe to the Daily News Brief to receive it every weekday morning.Top ...
The latest economic report comes as Federal Reserve officials gather in Jackson Hole, Wyoming, for their annual summer retreat. Fed Chairman Jerome Powell will hold a press conference Friday morning ...
Federal Reserve governor Lisa Cook late Wednesday said she wouldn’t leave her post after Trump on social media called on her to resign over an accusation from one his officials that ...
Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, rising inflation and White House pressure to cut interest rates.