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Fed Officials Try to Keep Focus on Economy as Trump Intensifies Attacks
The administration’s effort to oust a Fed governor as part of a pressure campaign for lower borrowing costs created an inescapable distraction at this year’s Jackson Hole conference.
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nytimes.com
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Fed Officials Split Over How to Read Economic Signals
Minutes from the Federal Reserve’s July meeting showed policymakers grappling with a slowing labor market and inflation that remains above the central bank’s target.
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Trump’s Attacks on the Fed and BLS Threaten Key Source of Economic Strength
The president’s efforts to control the Federal Reserve and Bureau of Labor Statistics carry risks. But collectively, the moves could be even more damaging, economists warn.
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Jay Powell Takes Center Stage with Friday’s Jackson Hole Address
The Fed chief is expected to address inflation, interest rates and the economy in his speech on Friday. Will he also confront President Trump’s attacks on central bank…
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Jerome Powell Suggests Fed Will Soon Cut Interest Rates in Jackson Hole Speech
Jerome H. Powell said the “balance of risks” across the economy had started to shift, raising the odds the central bank lowers borrowing costs at its next meeting in September.
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Fed Officials Try to Keep Focus on Economy as Trump Intensifies Attacks
The administration’s effort to oust a Fed governor as part of a pressure campaign for lower borrowing costs created an inescapable distraction at this year’s Jackson Hole…
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Trump’s Attempt to Fire the Fed’s Lisa Cook Risks Global Economic Stability
President Trump’s attempt to fire Lisa Cook, a Fed governor, will set off a long legal battle. Economists warn it could lead to higher inflation and government borrowing costs.
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Opinion | Trump Is Trying to End Fed Independence
If the courts allow Trump to get away with firing Lisa Cook, the Fed will be stripped of its insulation from political pressure.