A Q&A with CNN’s Matt Egan, a senior reporter covering business and the economy, about who Trump might pick for Fed chair and how Wall Street might react.
The Swiss National Bank has little room to manoeuvre with its rate at 0%. Yet signals from the European Central Bank and the Federal Reserve strengthen its position.
17hon MSN
The Fed’s Succession Drama
For almost an entire year, Donald Trump has begged the Federal Reserve to slash interest rates and supercharge the American economy. And for almost an entire year, Fed Chair Jerome Powell has barely ...
The central bank is keeping its key interest rate at 0% but significantly lowers its short-term inflation forecasts.
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