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The Federal Reserve Bank of Philadelphia has chosen Anna Paulson, a top official at the Chicago Fed, to serve as its next president.
Meanwhile, Chinese state media on Thursday reported that Nvidia CEO Jensen Huang arrived in Beijing on Thursday amid growing ...
Fed's Powell says tariffs put its goals of low inflation and a stable economy in tension. So it will 'wait for greater ...
After months of avoiding conflict with Trump, the head of the Federal Reserve shared his views on tariffs, spending cuts and ...
Jerome H. Powell warned that President Trump’s tariffs could lead to a “challenging scenario” for the central bank.
U.S. Federal Reserve policymakers were nearly unanimous at their meeting last month that the U.S. economy faced risks of ...
These developments echo the trade wars Trump initiated during his first term between 2018 and 2020. However, the current tariffs are broader in scope. Back then, the average tariff rate rose from 3.4% ...
French politician and diplomat Charles de Talleyrand once said: "Language is given to man in order to hide his thoughts." It ...
He added central bankers in the euro zone, Japan and Britain were unlikely to yield to ... This may take the shape of ...
KEY TAKEAWAYS Goldman Sachs economists raised their forecast for Federal Reserve interest rate cuts to three this year and increased the probability of a U.S. recession to 35%, as President Donald ...
The main news from last week’s Federal Open Market Committee meeting was the escalating war of words between Federal Reserve Chairman Jerome Powell and President Trump. But while the two of them ...
Ty Pendlebury has worked at CNET since 2006. He lives in New York City where he writes about TVs and home entertainment. Expertise Ty has worked for radio, print, and online publications, and has ...