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Trump's Clash With Fed Chair Powell Over Interest Rates Could Backfire in the Mortgage Market
On Monday morning, Trump again lashed out at Powell on his Truth Social, calling the Fed chair "a major loser" and demanding he lower interest rates "NOW." The stock market, which had begun to calm from tariff-induced panic, quickly plunged, with the S&P 500 closing down 2.3%.
The question of whether the President can simply remove the heads of federal agencies used to be straightforward, but has ...
President Donald Trump could be setting up Fed Chair Jerome Powell as a 'scapegoat' if a recession hits, according to an MSU ...
The well-respected Fed chair worked at the Carlyle Group under David Rubenstein for eight years before returning to public ...
Traders are banking on a quarter-point interest-rate cut from the Federal Reserve in June. But they’re less sure than they used to be. Fed Chair Jerome Powell hasn’t indicated any cuts are coming, of ...
The Dow, S&P 500 and Nasdaq Composite are on pace for a second day of gains after President Trump said he won’t fire Federal ...
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