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The president posted a letter Monday firing the central bank governor, citing mortgage fraud allegations. Lisa Cook said she ...
The dollar steadied after a volatile start on Tuesday as U.S. President Donald Trump's unprecedented move to fire Federal Reserve Governor Lisa Cook renewed concerns over the central bank's ...
Benchmark Fed Funds futures show that the probability of a 25-basis-point reduction when the policy-steering Federal Open ...
Spot gold increased by 0.2% to $3,371.28 per ounce, marking its peak since August 11, while US gold futures for December ...
The importance of that independence was underscored during the 1970s, when then-Fed Chair Arthur Burns, under pressure from President Richard Nixon, kept rates low ahead of the 1972 election.
President Trump said Monday he has fired Lisa Cook from the Federal Reserve's Board of Governors — a dramatic move after ...
President Donald Trump just fired a top policymaker at the Federal Reserve, but it wasn’t Chair Jerome Powell. That itself shows the president has conceded there’s a limit to his attacks on the ...
Long-dated U.S. Treasuries and stock futures fell on Tuesday after President Donald Trump said he was firing a Federal ...
In an unprecedented and explosive assault on the independence of the US central bank, President Donald Trump has declared he ...
Hawkish headlines last week were quickly overshadowed by the Federal Reserve (Fed) Chair’s dovish speech at Jackson Hole ...