Fed, Trump and Interest Rate
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The Fed’s interest-rate decision, July jobs numbers, a key tariffs deadline, fresh inflation data, and earnings from big tech companies highlight a packed economic and corporate calendar this week. Investors will be watching for more trade deals ahead of the Friday deadline for tariffs regarding several leading U.
Federal Reserve Chair Jerome Powell and his colleagues will step into the central bank’s board room on Tuesday to deliberate on interest rates at a time of immense political pressure, evolving trade policy,
The Federal Reserve, one of the most notoriously tight-lipped institutions in Washington, has been suddenly thrust into an unusual situation: a high-stakes public relations battle with the White House.
A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of attacks from the Trump administration.
2don MSN
After months of criticizing Federal Reserve Chair Jerome Powell, President Donald Trump took the fight to the Fed’s front door on Thursday, publicly scorning the central bank chief over the ballooning costs of a long-planned building project.
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The president’s participation in a tour of the Fed had the makings of a public relations disaster for the central bank. But by Friday, the president was praising Powell.
The yearslong project to overhaul the U.S. central bank’s headquarters in Washington, D.C., has run into multiple hurdles, including higher-than-expected groundwater at the site.
Real estate equities were outperformers this week as earnings season kicked into gear with a solid slate of results from residential, technology, and retail REITs.