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The markets are pricing in a 25 basis point Fed rate cut in July, as Thursday’s indicators showed continued manufacturing weakness.
June 20 -
President Trump has told confidants as recently as Wednesday that he believes he has the authority to replace Jerome Powell as chairman of the Federal Reserve Board, according to people familiar with the matter.
June 20 -
While the statement said the panel will “act as appropriate,” the dot plot showed as many expect a cut as foresee no change.
June 19 -
While the markets are pricing in two or three interest rate cuts this year, doubters remain.
June 18 -
Former Fed Vice Chairman Stanley Fischer predicted President Trump won’t renominate Jerome Powell as central bank chair, undercutting the Fed’s autonomy.
June 17 -
President Trump sharply criticized Jerome Powell in an interview aired Friday, blaming the Federal Reserve chairman for raising interest rates.
June 14 -
A disappointing read from the ADP employment report overshadowed a positive read on the service sector, and the markets upped expectations for rate cuts through next year.
June 5 -
Under the right conditions, Federal Reserve Board Chair Jerome Powell hinted he would be willing to consider lowering interest rates.
June 4 -
An uptick in inflation may be a sign that Federal Reserve Chair Jerome Powell was right when he said a dip in prices could be brief, allowing patience on rates.
May 31 -
The latest slip in inflation will likely be short-lived and interest rates could stay where they are “for some time.”
May 22