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While it’s an unlikely outcome, some investors have staked out positions in futures markets that will profit if interest rates drop immediately after Jerome Powell’s term as chair ends in May 2026.
At its last meeting, the Federal Reserve kept its benchmark interest rate in a range of 4.25% to 4.5%. That's too high for President Donald Trump, whose latest jawboning of the central bank came ...
At 05:35 ET (09:35 GMT), the Dow Jones Industrial Average gained 200 points, or 0.5%, the S&P 500 index rose 30 points, or ...
The minutes from the U.S. Federal Reserve’s June policy meeting are expected to show a divided central bank wrestling with ...
Futures contracts hit a record price after the president announced plans for a 50 percent tariff on the metal, driving up ...
The Minutes of the United States (US) Federal Reserve’s (Fed) June 17-18 monetary policy meeting will be published on Wednesday at 18:00 GMT. Policymakers decided to maintain the policy rate at the ...
Kevin Hassett, a long-time advisor to Donald Trump, is now a leading candidate for US Federal Reserve chair. This development ...
BRICS will likely remain a weak group without global muscle. We still await a specific, meaningful announcement that has real ...
Today’s spotlight is on Fed Chair Powell’s testimony before the Senate. The market is looking for any signal that rate cuts ...
Photo: Alamy President Donald Trump on Tuesday called for Federal Reserve Chairman Jerome Powell to resign if he misled ...
President Trump's search for a successor to Jerome Powell at the Federal Reserve is getting louder as candidates compete to criticize the central bank publicly and more options for how to fill that ...
Tuesday that Federal Reserve Chair Jerome Powell should resign immediately if it is proven that he misled Congress. Trump ...
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