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Firing the Fed Chair Could Actually Make Inflation Worse
It’s a fact that presidents from both parties tend to favor low interest rates. That’s because low interest rates support higher employment and more robust economic growth, both vote-winning issues.
Jerome Powell’s Double Standard About Taxes and Inflation
The Fed chairman fixates on the possible effects of tariffs but has said nothing about other tax hikes.
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Powell Cites Inflation Risk as Fed Holds Interest Rates Steady
Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...
The Fed’s preferred measure of inflation is running hot, buoyed by tariffs
Inflation remained stubbornly high in June, according to data released by the Commerce Department on Thursday, as President ...
Pressure mounts on Jerome Powell as economist Mohamed El-Erian adds his voice to calls for the Fed chair to step down
Amid this pressure, Mohamed El-Erian is calling on Federal Reserve chair Jerome Powell to call it quits — becoming one of the ...
Powell Bucks Pressure, Dissents in Showing Resolve on Inflation
Federal Reserve Chair Jerome Powell shrugged off pressure from the White House and rejected arguments for an interest-rate ...
Wall Street's Biggest Showdown -- Donald Trump vs. Jerome Powell -- Has Likely Already Been Decided but Not for the Reason You Might Think
But just because the S&P 500 and Nasdaq Composite have hit new highs doesn't mean Wall Street's biggest showdown -- Donald ...
Jonathan Levin: Powell’s caution on tariff-driven inflation is right
With all the crosscurrents, the responsible solution is for policymakers to wait for more evidence, and that’s exactly what ...