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If they want to make a mistake here and not cut, that’s fine,” Bessent told CNBC, insisting that tariffs imposed by Trump ...
The Federal Reserve is likely to resume lowering interest rates in September, but it won’t be an easy call for the central ...
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
FHFA Director William Pulte demanded that Powell be probed by lawmakers and suggested he could even be fired by President ...
Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Trump says ...
As Fed chairman, Powell has resisted Trump’s urging to cut interest rates. Powell is waiting for the tariffs to affect prices before making any changes.
Federal Reserve officials are trying to assess how tariff increases will reshape the outlook for the U.S. economy and ...
Federal Reserve Chair Jerome Powell will speak Tuesday morning from the European Central Bank’s annual retreat in Portugal, ...