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In his remarks at the Economic Club of Chicago on Wednesday, Jerome Powell explained that while there’s no immediate need to cut interest rates, trade disruptions caused by President Donald ...
“We may find ourselves in the challenging scenario in which our dual-mandate goals are in tension,” Powell said before the Economic Club of Chicago, referring to the central bank’s twin ...
Treasury Secretary Scott Bessent on Monday said the White House will start interviewing candidates this fall to succeed Federal Reserve Chair Jerome Powell, whose term ends in May 2026.
The market is likely to monitor Powell's speech during a time of economic uncertainty amid President Donald Trump's worldwide tariffs.