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Consumers' inflation expectations, by some measures, are also the highest in decades. Inflation has been above the Fed's 2% ...
Asian shares are mostly higher after Wall Street rose to records following better-than-expected updates on the economy and a ...
This past April, when President Donald Trump started flirting with the notion of firing Fed Chair Jerome Powell, stocks and the dollar tumbled because investors worried that even talking about such a ...
U.S. stock futures relentlessly pushed ahead as they were uniformly higher early Friday, after the broader market scaled a ...
Wall Street appears calm after President Donald Trump walked back his earlier threats to fire Federal Reserve Chair Jerome ...
Top voices on Wall Street have expressed alarm over the idea that Trump could fire Fed Chair Jerome Powell, emphasizing the need for Fed independence.
Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve’s credibility.
PepsiCo jumped 7.5% after delivering revenue and profit that topped Wall Street’s expectations. The drink and snack giant ...
Kevin Hassett, Trump’s longest-serving economic adviser, is a leading contender to become the next Federal Reserve chairman, ...
Wall Street watches the major averages whipsaw on Wednesday, following a softer-than-anticipated wholesale inflation report and news that President Trump indicated that he will fire Fed Chairman ...
President Donald Trump sent the U.S. stock market on a jagged round trip Wednesday after saying he had "talked about the concept of firing" the head of the Federal Reserve. Such a move could help Wall ...