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Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
Fed’s Waller, Bowman Cite Labor-Market Worries for Dissents
Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that the central bank’s hesitance to ...
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Federal Reserve holds its benchmark rate steady at today's FOMC meeting
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
Ignoring Trump’s demands, Federal Reserve stands pat on interest rates
Federal Reserve holds steady on interest level but vote saw a pair of dissenting votes for the first time in decades ...
Fed's reticence on rate cuts forces market to rethink outlook
The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...
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What Is the Federal Open Market Committee (FOMC) and What Does It Do?
What Is the Federal Open Market Committee (FOMC)? How Does It Work? The central bank of the United States is known as the Federal Reserve. While it operates independently of the federal ...
Federal Reserve holds key interest rate steady for fifth straight meeting despite Trump's pressure
The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...
White House advisor clashes with Fed on mortgage rates, housing market
The Fed's decision to hold interest rates has drawn loud criticism from members of the Trump administration — but the extent ...