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US Markets Rattled Amid Trump's Firing Federal Chief Confusion
President Donald Trump sent the US stock market on a jagged round trip Wednesday after saying he had "talked about the concept of firing" the head of the Federal Reserve.
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Trump Says He's 'Highly Unlikely' To Fire Fed's Powell
President Donald Trump said Wednesday that he was "highly unlikely" to fire, a public statement made less than 24 hours after suggesting in a private meeting that he was leaning in favor of dismissing the head of the nation's central bank.
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Trump Disappointed With Federal Reserve Chair Over $2.5 Billion Renovation Project
President says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the US central bank's $2.5 billion renovation project.
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US Central Bank Chief Explains Biggest Consequences Of Trump Tariffs
As the ripple effects of US President Donald Trump's global trade war are being felt across numerous industries, Fed Chair Jerome Powell on Wednesday (local time) warned of higher inflation.
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Trump Backs Jerome Powell To Complete Fed Term If Re-Elected: Report
US presidential nominee Donald Trump would let Federal Reserve Chair Jerome Powell complete his four-year term to 2026 if he returns to the White House, he said in an interview published Tuesday.
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Bitcoin, Ether Spike With Minor Profits as Cardano, Cosmos Among Other Altcoins Drop
The overall crypto market grew up by 1.35 percent on Wednesday, May 3. Bitcoin and Ether, along with Solana, Polkadot, and Litecoin recorded small gains. Whereas, other altcoins like Cardano and Cosmos settled in losses. The crypto market is awaiting Fed Chair Jerome Powell's press conference for clues on future moves that is slated for later in th...
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Oil Falls Around 3% As Investors Eye U.S. Fed Rate Hikes
Oil prices pared losses, however, during the session after Fed Chair Jerome Powell pledged an "overarching focus" on bringing down inflation and reiterated that ongoing increases in the central bank's policy rate would be appropriate, with the pace depending on the economic outlook.
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Cryptocurrencies Present Risk to US Financial System, Will Require New Regulations: Federal Reserve Chair
US Federal Reserve Chair Jerome Powell said new forms of digital money such as cryptocurrencies and stablecoins present risks to the US financial system and will require new rules to protect consumers.
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Trump Believes He Has Authority To Demote Fed Chair Jerome Powell: Report
US President Donald Trump believes that he has the authority to replace Federal Reserve Chair Jerome Powell and demote him to be a board governor, but is not planning to do so presently, Bloomberg reported on Wednesday, citing people familiar with the matter.
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Donald Trump May Choose Jerome Powell As Next US Central Bank Head, Says Report
Trump reportedly plans to make the announcement later in the day at a White House ceremony
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US Markets Rattled Amid Trump's Firing Federal Chief Confusion
President Donald Trump sent the US stock market on a jagged round trip Wednesday after saying he had "talked about the concept of firing" the head of the Federal Reserve.
-
Trump Says He's 'Highly Unlikely' To Fire Fed's Powell
President Donald Trump said Wednesday that he was "highly unlikely" to fire, a public statement made less than 24 hours after suggesting in a private meeting that he was leaning in favor of dismissing the head of the nation's central bank.
-
Trump Disappointed With Federal Reserve Chair Over $2.5 Billion Renovation Project
President says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the US central bank's $2.5 billion renovation project.
-
US Central Bank Chief Explains Biggest Consequences Of Trump Tariffs
As the ripple effects of US President Donald Trump's global trade war are being felt across numerous industries, Fed Chair Jerome Powell on Wednesday (local time) warned of higher inflation.
-
Trump Backs Jerome Powell To Complete Fed Term If Re-Elected: Report
US presidential nominee Donald Trump would let Federal Reserve Chair Jerome Powell complete his four-year term to 2026 if he returns to the White House, he said in an interview published Tuesday.
-
Bitcoin, Ether Spike With Minor Profits as Cardano, Cosmos Among Other Altcoins Drop
The overall crypto market grew up by 1.35 percent on Wednesday, May 3. Bitcoin and Ether, along with Solana, Polkadot, and Litecoin recorded small gains. Whereas, other altcoins like Cardano and Cosmos settled in losses. The crypto market is awaiting Fed Chair Jerome Powell's press conference for clues on future moves that is slated for later in th...
-
Oil Falls Around 3% As Investors Eye U.S. Fed Rate Hikes
Oil prices pared losses, however, during the session after Fed Chair Jerome Powell pledged an "overarching focus" on bringing down inflation and reiterated that ongoing increases in the central bank's policy rate would be appropriate, with the pace depending on the economic outlook.
-
Cryptocurrencies Present Risk to US Financial System, Will Require New Regulations: Federal Reserve Chair
US Federal Reserve Chair Jerome Powell said new forms of digital money such as cryptocurrencies and stablecoins present risks to the US financial system and will require new rules to protect consumers.
-
Trump Believes He Has Authority To Demote Fed Chair Jerome Powell: Report
US President Donald Trump believes that he has the authority to replace Federal Reserve Chair Jerome Powell and demote him to be a board governor, but is not planning to do so presently, Bloomberg reported on Wednesday, citing people familiar with the matter.
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Donald Trump May Choose Jerome Powell As Next US Central Bank Head, Says Report
Trump reportedly plans to make the announcement later in the day at a White House ceremony
