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Fed Versus Trump on Tariffs Impact Will Soon Be Put to Test
It’s a widely held belief among economists that President Donald Trump’s tariffs will boost inflation notably over the next ...
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Big banks all pass the Federal Reserve's stress tests, but the tests were less vigorous this year
The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe ...
White House says pick to replace Fed’s Powell not ‘imminent’ after Trump floats ‘3 or 4’ candidates
No decisions are imminent, although Trump has the right to change his mind and many good options to nominate as the next ...
Fed Officials Could Be Split On Whether To Cut Interest Rates In July
At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, in contrast to two who said they were open to the idea of cutting the fed ...
Wall Street’s Regulatory Reins Start Loosening as Fed Proposes New Rule
The central bank is planning to reduce a capital buffer for the country’s largest banks, which critics warn will make the ...
OpenAI’s Sam Altman to speak at Fed bank conference
OpenAI CEO Sam Altman will speak at a Federal Reserve conference on bank regulation next month. The leader of the key ...
Majority of Fed Officials Leaning Against July Interest-Rate Cut
A flurry of Federal Reserve officials this week made clear they’ll need a few more months to gain confidence that ...
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First-quarter GDP revised lower; Fed has other data on deck
Consumer spending and exports fell slightly in the latest estimate, leading to a downward revision. Imports, which dragged ...
Wall Street Forecasts Windfall for Big US Banks From Fed Plan to Ease Leverage Rule
Shares of JPMorgan Chase advanced 1.3%, Morgan Stanley 1.2% and Goldman Sachs 1.6%, while Bank of America added 1% and ...
Fed banker rate debate and Trump hints have analysts betting on who’s ‘auditioning’ for Chair Powell’s job
ANALYSIS: President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public ...
Federal Reserve releases plan to relax key bank capital rule
The Federal Reserve unveiled plans to roll back an important capital rule that big banks have said limits their ability to hold more Treasuries and act as intermediaries in the $29 trillion market.