Trump Isn't Happy With Jerome Powell's 50 Bps Rate Cut Maneuver: 'I Guess It Shows The Economy Is Very Bad'
In the run-up to the presidential election, Donald Trump, the Republican nominee, has voiced his disapproval of the Federal Reserve’s recent decision to slash its benchmark interest rate by half a percentage point. Trump suggests this move could be indicative of a faltering U.S. economy or a politically motivated action.
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a half percentage point, its approach to considering further rate cuts at future meetings, and the outlook for the economy and inflation,
CRE was overjoyed by the Federal Reserve's 50 basis point cut, Andy Jassy's return to work edict and some big Bronx sales.
Jerome Powell’s Federal Reserve just ended the inflation fight. But it is far too soon. This marks the fourth major mistake.
The Fed is expected to cut interest rates on Wednesday, inserting the central bank into the teeth of a contentious election ...
Did Jerome Powell’s leadership guide the US to a soft landing, or was it luck? Explore how the Federal Reserve’s policies and ...
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