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Jerome Powell: Trump's likely pick to lead the Federal Reserve

DonaldTrumplookssettoappointJeromePowell,aformerprivateequityexecutiveatCarlyleGroupandcurrentmemberoftheFederalReserve,asthenextFederalReservechair.Whiletheoff

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Trump's Fed chair choice down to Powell, Taylor: reports

U.S.PresidentDonaldTrump'ssearchforthenextchairoftheFederalReservehascomedowntoFedgovernorJeromePowellandStanfordUniversityeconomistJohnTaylor,accordingtotwoU.S

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Fed's Rosengren: Hike rates or risk 'shortening' US economic recovery

TheFederalReservemustrespondto“verytight”USlabormarketsbygraduallyraisinginterestratesorriskhaltingtheeconomicrecovery,ahawkishFedofficialsaidonSaturday.Inprepa

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Fed keeps US rates steady, to start portfolio drawdown in October

TheUSFederalReserveleftinterestratesunchangedonWednesdaybutsignaleditstillexpectsonemoreincreasebytheendoftheyeardespitearecentboutoflowinflation.TheFed,asexpec

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Hurricane Harvey caused 'broad disruptions' in Gulf Coast economy: Fed

HurricaneHarveycaused"broaddisruptions"toeconomicactivityintheUSGulfCoastregion,causinggasolineshortagesandspikingfreightcosts,theFederalReservesaidWednesday.Ho

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Most economists expect next Fed rates hike in December: survey

Most American economists expect the Federal Reserve to raise interest rates once more in December and begin unwinding its 4.5 trillion US dollars balance sheet in September, according to a survey conducted by the Wall Street Journal on Thursday.

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President Trump says Yellen, Cohn are contenders for next Fed Chair

U.S. President Donald Trump said on Tuesday that current Federal Reserve Chair Janet Yellen and the White House National Economic Director Gary Cohn are among contenders to lead the central bank next year.

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Key US inflation measure declines in May

The Federal Reserve's preferred measure of inflation retreated in May, casting further doubt on the chances for another interest rate increase this year, according to Commerce Department data released Friday.

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Key US inflation measure declines in May

TheFederalReserve'spreferredmeasureofinflationretreatedinMay,castingfurtherdoubtonthechancesforanotherinterestrateincreasethisyear,accordingtoCommerceDepartment

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US Fed greenlights big banks' capital plans

TheUSFederalReserveonWednesdaygavethegreenlighttoplansfromthecountry's34largestbanksthatseektoprovidelargepayoutstoshareholders.TheFedfoundthatthebanks'financia

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Impact of Fed rate hike on China seen as limited

The Federal Reserve on Wednesday raised interest rates for the second time in three months, citing its confidence in a growing US economy and strengthening job market.

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Impact of Fed rate hike on China seen as limited

TheFederalReserveonWednesdayraisedinterestratesforthesecondtimeinthreemonths,citingitsconfidenceinagrowingUSeconomyandstrengtheningjobmarket.TheUScentralbankhas

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Fed raises rates, unveils balance sheet cuts in sign of confidence

TheFederalReserveraisedinterestratesonWednesdayforthesecondtimeinthreemonthsandsaiditwouldbegincuttingitsholdingsofbondsandothersecuritiesthisyear,signalingitsc

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Trump to make first moves at completely revamping the Federal Reserve

U.S.PresidentDonaldTrumpappearsreadytoremaketheFederalReserveinanimagethatwillbeconsiderablydifferentthanwhatinvestorshaveknownformanyyears.Thepresidentisprepar

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Dollar builds on gains but Asia markets struggle

The dollar built on the previous day's gains on Thursday after the Federal Reserve opened the door for another US interest rate hike next month but Asian markets mostly turned lower in a holiday-filled week.

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U.S. Fed hikes interest rate after one-year pause, faster pace ahead

U.S. Federal Reserve on Wednesday raised the benchmark interest rate by 25 basis points, the first and only time in 2016, and indicated a faster rate hike pace next year.

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Trump's victory challenges Fed policy, independence

Donald Trump's surprise victory in the US presidential race raises new questions over Federal Reserve policy in the short run and the central bank's vital operational independence over the longer term.