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If leading the Federal Reserve isn’t challenging enough, the next central bank chair will face an additional burden.
Trump tells Bessent, "I like you better," a comment many interpreted as a public signal of Bessent's rising likelihood as a ...
The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under barrage from the White House.
Jerome Powell’s cautious rate policy sparks fierce criticism and succession talks, putting his Fed Chair tenure under unprecedented scrutiny.
In comments at the European Central Bank annual forum, Powell responded to the president’s frequent attacks on him.
“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...
The central bank chief said he believes the Fed board would have decided to lower rates further until Trump launched his ...