Powell to Put Rates, Fed Independence
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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 fraud.
Investors are watching for any signs that the Federal Reserve will cut rates during Fed Chair Jerome Powell's Friday speech at the Kansas City Federal Reserve's annual Economic Symposium. BNP Paribas head of Americas' macro strategy and US economics,
The Justice Department signaled possible plans to investigate Federal Reserve Governor Lisa Cook, with a top official informing Federal Reserve Chair Jerome Powell of the probe and encouraging him to remove her from the board in a letter sent Thursday.
The U.S. dollar drifted on Thursday as investors fretted about the Federal Reserve's independence after yet another attack from President Donald Trump ahead of remarks from Chair Jerome Powell later this week that could influence the outlook for rates.
Ahead of Federal Reserve Chair Jerome Powell's pivotal Jackson Hole address on Friday, cryptocurrency bettors are pricing in more than an 80% chance that the central bank cuts interest rates this year.
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TipRanks on MSNTrump Says Powell Is “Hurting the Housing Industry Very Badly”
President Trump went on Truth Social ($DJT) on Tuesday to accuse Jerome Powell of making it impossible for Americans to buy homes. He called him