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Tag: Tag: Jerome Powell

Elizabeth Warren blames Trump’s ‘Stupid Trade War’ for the grim prospects of Fed: the president is ‘in the way of lower rates and lower costs’ – Meta platforms (Nasdaq: Meta)
Business

Elizabeth Warren blames Trump’s ‘Stupid Trade War’ for the grim prospects of Fed: the president is ‘in the way of lower rates and lower costs’ – Meta platforms (Nasdaq: Meta)

Sen. Elizabeth Warren (D-Massa.) Leaves the blame for the increasingly larger economic prospects of the Federal Reserve on President Donald Trump’s Trade and rate policy. What happened: On Wednesday, Warren posted on X, stating Fed Chair Jerome Powell’s Recent testimonies of the congress to claim that Trump’s rates stimulate inflation and hinder the much -needed […]

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Fed Governor Michelle Bowman supports July Rate reduction, with reference to ‘contained’ inflation pressure: ‘Impact of rates … can take longer’
Business

Fed Governor Michelle Bowman supports July Rate reduction, with reference to ‘contained’ inflation pressure: ‘Impact of rates … can take longer’

Governor of the Federal Reserve Michelle Bowman Has expressed her support for a potential interest rate reduction in July, provided that inflation remains modest. What happened: Bowman, during a speech in Prague, suggested that an interest rate would be appropriate during the coming July meeting if the inflatory pressure remains low, reported CNBC on Monday. […]

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