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"But the bits of US data released yesterday pointed in the opposite direction – giving the dollar some brief support. May ...
Fed Chair Jerome Powell says they would have cut interest rates if Trump did not implement tariffsEuropean Central Bank ...
The squabbling between the president and the central bank’s chairman is a reminder of how anomalous the Federal Reserve is in ...
Treasury yields edged higher and Treasurys are expected to struggle in the remainder of the year, despite their recent strong run, according to Capital Economics.
President Trump plans to name a successor to Jerome Powell, who ends his term as Fed chair in May 2026. Two contenders have ...
“In effect, we went on hold when we saw the size of the tariffs and essentially all inflation forecasts for the United States went up materially as a consequence of the tariffs,” Powell said Tuesday ...
The USD/JPY pair gains sharply to near 144.30 during the European trading session on Wednesday. The asset strengthens as the ...