Powell: Fed Can Wait to Reduce Interest Rates as Trump Demands Cuts
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with President Donald Trump's calls for immediate cuts. "For the time being, we are...
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Trump Calls on Congress to Grill 'Dumb, Hardheaded' Fed Chair Powell
President Donald Trump, ahead of Federal Reserve Chair Jerome Powell's appearance before Congress on Tuesday, said he hopes that lawmakers work "this very dumb, hardheaded person over."
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