Fed Chair Powell has used Jackson Hole to signal what's next
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Trump calls on Federal Reserve Governor Lisa Cook to resign
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Jerome Powell, Fed and Trump
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Three Federal Reserve officials appeared lukewarm on Thursday to the idea of an interest rate cut next month, as investors geared up for U.S. central bank chief Jerome Powell's speech to the annual Jackson Hole conference in Wyoming.
I have no intention of being bullied to step down from my position because of some questions raised in a tweet,” Cook said in a statement.
The annual economics symposium, which begins Thursday, brings together top monetary policy officials from around the world and always makes headlines in the financial press. There are at least three reasons the conference is worth paying attention to this year.
Fed rate cuts are unlikely to lower borrowing costs for American homebuyers, according to one CIO. Mortgage rates and home prices remain elevated.
CNBC’s Steve Liesman and Kansas City Fed President Jeffrey Schmid join 'Squawk Box' to discuss Fed Governor Lisa Cook's mortgage allegations, the political pressure facing the Fed, strength of the labor market,
San Francisco appeals court pauses judge's decision blocking DHS termination of Temporary Protected Status for immigrants from three countries amid racial bias claims.
The U.S. dollar drifted on Thursday as investors fretted about the Federal Reserve's independence after yet another attack from President Donald Trump ahead of remarks from Chair Jerome Powell later this week that could influence the outlook for rates.