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Powell's emphasis on controlling inflation suggests the Fed is likely to hold its benchmark interest rate at around 4.3 percent.
As tariffs create uncertainty in the economy, President Trump targets Fed Chair Jerome Powell, asserting that his dismissal ...
The U.S. economy added 228,000 jobs in March in a surprise to the upside as the unemployment rate rose a tick. Economists had ...
Federal Reserve Chair Jerome Powell on Friday appeared to back away ... Trump's tariff rollout this week also took markets by surprise, spurring the worst one-day rout in US stocks since the ...
Mega-cap tech stocks led the rout, with Apple posting its worst two-day drop since March 2020. Financial stocks also suffered steep losses.
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