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Fed Chair Contender Is Now in Favor of Cutting Rates, Just as Trump Wants
Kevin Warsh, a top contender to replace Jerome Powell as chair of the Federal Reserve, is finally ready to cut interest rates. Most Read from BloombergAdvocates Fear US Agents Are Using ‘Wellness Checks’ on Children as a Prelude to ArrestsThe Dutch Intersection Is Coming to Save Your LifeLA Homelessness Drops for Second YearAs a governor at the US central bank from 2006 to 2011,
Key Takeaways Inflation rose in June, moving further from the Federal Reserve's goal of 2% each year.This flare of inflation ...
Consumer prices posted the biggest increase in June in five months and are likely to keep the Federal Reserve from cutting ...
The White House has been trumpeting the absence of tariff-related price hikes as a sign that the president’s agenda is ...
The Federal Reserve will likely be able to start cutting short-term borrowing costs by September, traders continued to bet on ...
President Trump is urging the Federal Reserve to lower interest rates following the release of Consumer Price Index (CPI) data for June, which shows a 0.3% increase. CBS News MoneyWatch correspondent ...
The Bureau of Labor Statistics reported that the consumer price index (CPI), a popular inflation gauge, increased in June to ...
A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as ...
Whether you're buying a new home or considering mortgage refinancing, the main question is the same right now: When will ...
Headwinds for mortgage rates arrived Tuesday in the form of rising inflation, which likely ends the faint hopes of a Fed rate ...
Trump has been highly critical of Jerome Powell this year, pressuring him to cut rates. The Fed Chair has said he's awaiting ...
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