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Australian Dollar falls as US jobs data dampen expectations of a Fed rate cut
The Australian Dollar (AUD) extends its losses against the US Dollar (USD) on Friday, as stronger-than-expected US job growth and a surprise drop in the unemployment rate data overshadow investors' hopes for a Federal Reserve (Fed) interest rate cut.
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Trump criticizes Fed chair Powell for keeping rates "artificially high," sending him a chart comparing global rates and ...
This report makes the July rate cut almost impossible unless jobless claims data starts to worsen, since that data line ...
Trump scrawled the note to “Jerome” as he piles pressure on the powerful central banker to dramatically cut rates or step ...
President Donald Trump on Monday continued his extended attack against Federal Reserve Chair Jerome Powell and the central bank’s Board of Governors, calling for ultra-low rates in an intensifying ...
The president has been trashing Powell for weeks as the central bank chairman has refused to cut interest rates.
President Donald Trump could nominate Jerome Powell’s successor as soon as this fall, as the incumbent Fed chairman is set to exit the position next May.
Tampa Free Press on MSN3d
Trump’s Ink-Stained Message: “Too Late” Powell Gets Scorched In Handwritten Rate Cut DemandIn his latest and perhaps most personal push to influence monetary policy, President Trump on Monday shared a handwritten note to Federal Reserve Chair Jerome ...
Futures pricing now sees some 60 basis points of cuts by year-end and the so-called "terminal rate" in the Fed's easing cycle ...
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