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A U.S. appeals court declined on Monday to allow Donald Trump to fire U.S. Federal Reserve Governor Lisa Cook — the first time a president has pursued such action since the central bank’s founding in 1913 — in the latest step in a legal battle that threatens the Fed’s longstanding independence. CBC | World News
Read More »Tag Archives: Reserve
Donald Trump dealt public blow as Federal Reserve defies US President’s major call
Donald Trump had previously made his opinion on the key matter clear. Daily Express :: News Feed
Read More »Canary Islands sunbed wars hits new level as tourists in Tenerife reserve space on floor
As the sunbed wars hit new heights, tourists in Tenerife have been caught trying to reserve space before they are even put out. Daily Express :: Travel Feed
Read More »Trump claims he can fire Federal Reserve chair ‘if I want him out’
U.S. President Donald Trump attacked U.S. Federal Reserve Chair Jerome Powell on Thursday for not cutting interest rates and said he could fire him if he wanted to, renewing a threat from his first term that could cause a major legal showdown over the issue of the central bank’s long-standing political independence. CBC | World News
Read More »U.S. Federal Reserve expected to hold rates steady
The U.S. Federal Reserve is expected to hold interest rates steady on Wednesday as it awaits further inflation and jobs data and more clarity on the economic impact of President Donald Trump’s policies before deciding whether to cut borrowing costs again. CBC | World News
Read More »U.S. Federal Reserve cuts interest rates by another quarter point
The Federal Reserve cut its key interest rate Wednesday by a quarter-point — its third cut this year — but also signalled that it expects to reduce rates next year more slowly than previously thought, with inflation still well above the central bank’s two per cent target. CBC | World News
Read More »Haunted UK island with secret tunnels, cannons and a wildlife reserve is up for sale
The historic and fortified island has planning permission for a 43-bed hotel on it but is being marketed as having many potential alternative uses, just five years after being bought for £6million. Daily Express :: Travel Feed
Read More »U.S. Federal Reserve holds interest rate, saying it will take ‘longer than expected’ to start cutting
The U.S. Federal Reserve held interest rates steady on Wednesday and signaled it is still leaning toward eventual reductions in borrowing costs, but that cuts could be delayed as recent inflation numbers have strayed further from its two per cent target. CBC | World News
Read More »Pubs, restaurants and hotels in ‘perilous state’ as one in four lack a cash reserve
A trade group says the hospitality industry needs “urgent support” Daily Express :: News Feed
Read More »Nature reserve is brought back to life…thanks to Daily Express readers
A nature reserve is transforming into a haven for wildlife thanks to generous Daily Express readers. Daily Express :: News Feed
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