41h/ Thursday
Donald Trump openly criticized Federal Reserve Chairman Jerome Powell during the U.S.-Saudi Arabia Investment Forum for damaging the housing market and delaying interest rate adjustments. Trump expressed his desire to fire Powell, calling him incompetent and highlighting Treasury Secretary Scott Bessent's cautious advice against immediate dismissal due to potential market instability. The Federal Reserve remains divided on monetary policy amid economic uncertainties, with Trump starting to interview successors, including Kevin Hassett, Christopher Waller, and Kevin Warsh.

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DonaldTrump

Donald Trump openly criticized Federal Reserve Chairman Jerome Powell during the U.S.-Saudi Arabia Investment Forum for damaging the housing market and delaying interest rate adjustments. Trump expressed his desire to...

Thu/41h
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JeromePowell

The US Labor Department released a delayed September jobs report showing employers added 119,000 jobs, the best gain since April 2025, but unemployment rose to 4.4%. Major firms like Verizon, GM, Amazon, and Microsoft...

Thu/17h
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JeromePowell

Federal Reserve Chairman Jerome Powell indicated that a December rate cut is not guaranteed due to inflation remaining above the 2% target and a fragile labor market. Market expectations for a December rate cut have...

Wed/14h