Craig Torres

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Powell Heads For 'Hyper-Charged' Hearings Overshadowed By Trump

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Pressure from Republicans is already resulting in changes at the Fed.

Working Americans Turn To Food Banks As Fed Inflation Battle Drags On

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As prices have risen, so have the share of Americans reporting they don't have enough to eat.

Treasury Says It Was Breached By Chinese-Backed Hacker

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The hacker remotely accessed some Treasury workstations and unclassified documents.

Powell's Wait-And-See On Trump Policies Is A Switch From 2016

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The Fed adjusted its policies well ahead of Trump's inauguration eight years ago.

Fed's Powell Says No Need to Hurry Rate Cuts With Economy Strong

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Powell's remarks prompted traders to pare back expectations for a December rate cut.

Fed Cuts Rates; Powell Says Wouldn't Resign If Asked By Trump

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He also said removal or demotion of any Fed board leaders, including himself, is “not permitted under the law.”

Consumers Have Only Modest Confidence In Fed's Economic Management, Survey Shows

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Researchers also found a political divide among respondents.

Powell Emerges Stronger After Leading Fed To Big Rate Cut

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The rate cut was a key victory for the Fed chair as he tries to prolong the nation's economic expansion.

Powell Says More Good Inflation Data Would Boost Fed Confidence

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The Fed chairman's remarks suggest the Fed is unlikely to reduce rates when it meets later this month.

Powell Says Fed Needs More Data Before Cutting Rates

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The Fed chairman said more evidence is needed that inflation is nearing the central bank's 2% target.

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