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14.01.26 - 07:30
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JP Morgan boss says Trump attacks on Federal Reserve could push up inflation (The Guardian)
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Jamie Dimon says pressure on chair Jerome Powell could ultimately increase interest rates Global central banks offer 'full solidarity' to US Fed's Powell amid Trump threatsThe boss of JP Morgan, the largest US bank, has said Donald Trump's attacks on the Federal Reserve chair, Jerome Powell, are putting central bank independence at risk and could backfire and ultimately push up interest rates and inflation.Jamie Dimon told reporters on Tuesday he had “enormous respect” for the Fed chair, who on Friday became the target of a controversial criminal investigation by the US Department of Justice (DoJ) over alleged “abuse of taxpayer dollars”.The Associated Press contributed reporting Continue reading......
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14.01.26 - 02:01
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Trump slams Powell amid federal probe: ′Either corrupt or incompetent′ (The Hill)
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President Trump criticized Federal Reserve Chair Jerome Powell amid a Department of Justice (DOJ) probe into the central bank's ongoing renovations. “He's either corrupt or incompetent,” Trump told CBS News's Tony Dokoupil, referring to the price tag and timeframe of the project, during an interview that aired Tuesday. Powell said late Sunday that the DOJ......
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14.01.26 - 01:31
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GOP senator suggests Powell resign to avoid indictment (The Hill)
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Sen. Kevin Cramer (R-N.D.) on Tuesday suggested Federal Reserve Chair Jerome Powell should resign to avoid indictment. “If you're the attorney for Jay Powell and you want to avoid an indictment, how about you go to Jeanine Pirro and say, 'I'll make a deal. I'll step down today, if you'll drop the investigation today.' To......
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14.01.26 - 01:24
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Stocks Slide on CPI, Traders Boost June Fed Rate-Cut Odds | The Close 1/13/2026 (Bloomberg)
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Bloomberg Television brings you the latest news and analysis leading up to the final minutes and seconds before and after the closing bell on Wall Street. Today's guests are Former Boston Fed President Eric Rosengren, U.S. Bancorp's Stephen Philipson, BNY Mellon's Dermot McDonogh, Inflation Insights' Omair Sharif, Teva Pharmaceutical's Richard Francis, Gabelli's Macrae Sykes, AstraZeneca's Aradhana Sarin, Novo Nordisk's Mike Doustdar, Illumina's Jacob Thaysen, Former Kansas City Fed President Thomas Hoenig, Fabletics' Meera Bhatia. (Source: Bloomberg)...
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14.01.26 - 00:24
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Fed Will Continue ′Doing What They′ve Been Doing′ in Face of Turmoil, Says PGIM′s Tipp (Bloomberg)
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Robert Tipp, PGIM Managing Director, Chief Investment Strategist, and Head of Global Bonds, joins Bloomberg Businessweek Daily to discuss the bond market's reaction after Fed Chair Jerome Powell said the DOJ subpoenaed the central bank. Tipp also discusses Fed independence, why White House pressure on the Fed is different now versus during President Trump's first term, and says the Fed will "continue doing what it's been doing" in the face of ongoing political threats and leadership changes. Tipp speaks with Tim Stenovec and Christina Ruffini. (Source: Bloomberg)...
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13.01.26 - 23:30
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Jerome Powell: steely Fed chair standing firm in face of Trump′s threats (The Guardian)
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Highly respected figure has cast off restrained approach in defending central bank from escalating attacksThere are often few surprises with Jerome Powell. At his handful of public appearances each month, the US Federal Reserve chair always sports the same softly stern expression. His voice, typically dispassionate and near-monotone, never wavers.As one of the most powerful officials in the world, commanding a platform that has the ability to move global markets with a few words, Powell is often reserved in a way that fails to yield soundbites in this social media era: boring, even. Continue reading......
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13.01.26 - 23:30
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The Guardian view on Trump′s assault on the Fed: it is part of an affordability blame game | Editorial (The Guardian)
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Attacking Jerome Powell distracts from Republicans' thin legislative record and policies that continue to squeeze American household incomesThe US government's authoritarian and vexatious attack on Jerome Powell, the chair of the Federal Reserve, should be seen in the light of America's affordability crisis, which Donald Trump once dismissed, but is now scrambling to claim as his cause. The cost of living is eroding his support ahead of the congressional midterms. By launching a legal assault on the Fed, Mr Trump is trying to shift blame for borrowing costs.Yet despite controlling the presidency, Senate and the House, Republicans have passed little beyond a large tax-cutting bill that benefits the rich. They have not legislated on housing supply, childcare, healthcare costs or wages. Indeed most of their actions are worsening affordability, notably deferring action even though millions face a sharp rise in their health insurance bills. Mr Trump's sudden enthusiasm for credit card caps and housing inte...
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