Donald Trump’s recent attacks have failed to sway Federal Reserve Chair Jerome Powell, who is standing firm on the central bank’s current interest rate stance. Powell maintains that the Fed …
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Federal Reserve
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Treasury Chief Warns U.S.-China Trade War ‘Unsustainable’ as Trump Pushes Fed to Cut Rates
by admin477351In a closed-door speech for JPMorgan Chase, U.S. Treasury Secretary Scott Bessent warned that the escalating trade war with China is “unsustainable” and expects a “de-escalation” between the two global …