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Investors’ expectations of lower interest rates were reflected in the major stock indexes and lower government bond yields.
The Trump administration has pressured Powell, whose term as Fed chair expires next year, to step down as chair of the ...
Federal Reserve Chair Jerome Powell signaled a likely interest rate cut in September, noting "downside risks" to employment.
So many Federal Reserve officials have said they are waiting for data over the next few weeks before deciding on a September ...
While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease ...