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Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies with plans approved by a local commission, disputing a White House suggestion ...
The EUR/USD exchange rate pulled back and crossed a key support level after the US released mixed economic numbers last week.
The i Paper's guide to all the tax options for Rachel Reeves as she faces a multi-billion-pound headache in her next Budget ...
The recent inflation rise to 2.7% in June, driven by consumer prices, signals potential financial strain. As tariffs take ...
"As a big business owner looking at rates at 1% or 2%, I'm definitely saying, 'what do you know that I don't?'" ...
U.S. consumers boosted their spending in June following a pullback the previous month, offering a reassuring sign for the ...
Slok said that he “absolutely” believes that inflation has already caused a “lift off” on consumer goods. Data released from the Bureau of Labor Statistics on Tuesday showed that inflation accelerated ...
Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.
President Donald Trump has publicly chastised Chairman Jerome Powell, who Trump appointed in 2017, over interest rate cuts.
Trump has rolled back many of his steepest tariffs over recent months, including a sky-high levy on China, the top source of U.S. imports. In recent days, however, Trump announced plans to slap ...
Tariffs, trade wars, lingering inflation and high interest rates - all of these drains on the economy have not been enough to plunge the U.S. into recession. How come? Simple. Most people who want a ...
The annual inflation rate in the United States rose to 2.7% in June—its highest level since February, according to the U.S.