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Central bank statement notes household spending is ‘moderate’ rather than ‘strong’
Role model and policy expert served as first director of the Congressional Budget Office
Former Trump campaign adviser faces backlash over comments about women
But Quarles says treatment of large foreign banks will not change for now
Bullish economic outlook sees key rate target range lifted to 2-2.25%
Jay Powell faces calls for higher requirements while Republicans push for deregulation
Dollar falls for sixth day in a row; Fed minutes have little impact
Administration officials becoming more vocal on US monetary policy moves
Anticipation of aggressive Fed action comes despite long-term growth worries
Decision not to finish term on board of governors gives Trump more room to reshape central bank
Central bank lays ground for paring back of balance sheet from September
White House adviser searching for Janet Yellen’s successor could take the job himself
Central bank defies weak inflation figures to maintain forecast for one further lift this year
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