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Trump, who has repeatedly slammed Powell over his unwillingness to slash interest rates, added that his nemesis “should ...
Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower inflation. He also reiterated, however, that a rate hike is unlikely.
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...