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The real reason Trump wants to fire the Fed chair
President Donald Trump has said the quiet part out loud. His threats to terminate Federal Reserve Chair Jerome H. Powell if Powell doesn’t cut interest rates are motivated by one simple desire: to make it cheaper for the administration to add about $4 trillion to the federal debt.
Market watchers expect the 10-year Treasury’s yield to fall to 4.18 percent in a year, from 4.28 percent currently.
A tax and spending package Trump signed July 4 nearly halves the watchdog’s annual funding. Resources may be stretched to ...
“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...
Bill Pulte, the nation's top mortgage regulator, has called for a congressional investigation into Federal Reserve Chair ...
Prohibiting the Fed from paying interest on reserves wouldn’t protect taxpayers and would undermine the central bank’s ...
11don MSN
The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe ...
Wall Street is poised to receive a big gift courtesy of the Federal Reserve. The central bank unveiled plans to roll back an ...
The Fed continues quantitative tightening, shrinking its securities portfolio by $2.1 trillion since March 2022, but excess ...
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