Fed minutes saw rising inflation, jobless risks
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Being an honest public servant will always be a rewarding choice, Federal Reserve Chair Jerome Powell said Sunday at Princeton University amid months of unrelenting attacks from President Trump.
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24/7 Wall St. on MSNJerome Powell Says Supply Shocks Are Coming—Which Stocks Can Still Thrive?Fed chair Jerome Powell’s words sure can move markets. And while Fed meetings and new commentary from Chairman Powell will surely have some investors biting their nails, it’s worth noting that the market’s immediate reaction doesn’t always make the most sense.
The director of the Federal Housing Finance Agency (FHFA) took to social media Monday to tell Federal Reserve Chair Jerome Powell that it’s time to resume the central bank’s interest rate cuts.
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The Federal Open Market Committee (FOMC) will release the Minutes of its May 6-7 meeting on Wednesday. Back then, policymakers decided to keep the Fed Funds Target Range (FFTR) unchanged at 4.25%-4.50%, as widely anticipated by market participants.
There are three factors that explain why the the Trump administration is doing a full-court press on Powell to lower rates.
A proposal for the U.S. Federal Reserve to release detailed economic forecasts after some of its meetings to anchor the discussion of monetary policy is drawing fire from the heads of its regional banks who worry it will be hard to agree on a common outlook and risks further confusing the public.