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Federal Reserve System, Jobless and Future Cuts
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The Federal Reserve acts based on economic data, and it is unlikely to cut interest rates as quickly as Trump would like.
AlterNet on MSNOpinion
Trump's threat to sue Federal Reserve chair could backfire in legal avalanche: analysis
MS NOW analyst Steve Benen warns President Donald Trump’s latest ploy in his ongoing war against Federal Reserve chairman Jerome Powell now extends to “outlandish” lawsuit threats. But the legal basis of the president’s argument could become a colossal self-own in the U.
8don MSNOpinion
Trump Almost Has a Point About the Federal Reserve
The central bank has long abused its power in ways that benefit the financial sector at the expense of everyone else.
Donald Trump said he expects his Federal Reserve chair to lower interest rates if the economy is doing well, the latest signal that the president is eager for a nominee committed to borrowing cost cuts as he nears an announcement of his choice to replace Jerome Powell.
Ahead of the New Year's holiday, President Donald Trump said he will make a decision on who he wants to lead the Federal Reserve by January. Current Chair Jerome Powell's term expires in May 2026, and he has made it clear he will fulfill his obligation running the central bank.
President Donald Trump said he expects to announce his pick to replace Federal Reserve Chair Jerome Powell in January, a highly anticipated moment.