Trump, Federal Reserve
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The Fed has held its benchmark interest rate between 4.25% and 4.5% this year, though officials have penciled in two cuts by year-end.
President Trump visited the Federal Reserve with Chair Jerome Powell and Sen. Tim Scott amid weeks of claims that the Fed’s renovation costs were fraudulently inflated. But during the tour, Powell corrected Trump’s $3.
President Donald Trump is scheduled to visit the Federal Reserve in person Thursday — an unusual move that’s also a major escalation in the White House’s pressure campaign against Chair Jerome Powell.
Here are five key things investors need to know to start the trading day:
A looming U.S. deadline for more severe global tariffs is among a barrage of upcoming events threatening to disrupt an increasingly calm U.S. stock market that has set a string of all-time highs.
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13hon MSN
After months of criticizing Federal Reserve Chair Jerome Powell, President Donald Trump took the fight to the Fed’s front door on Thursday, publicly scorning the central bank chief over the ballooning costs of a long-planned building project.
President Trump visited the Federal Reserve with Chair Jerome Powell and Sen. Tim Scott amid weeks of claims that the Fed’s renovation costs were fraudulently inflated. But during the tour, Powell corrected Trump’s $3.
The Indian rupee fell to a one-month low on Friday, and logged its third straight weekly decline, pressured by outflows from local stocks and caution among investors ahead of a news-heavy week dominated by tariffs and central bank decisions.