Dollar Dumped, Bonds Buoyant on Fed Inflation Caution

The dollar was on the defensive Thursday after suffering its worst drubbing in five months while bonds celebrated a comeback on speculation the Federal Reserve might not tighten U.S. policy…

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Trump to Nominate Jerome Powell as Fed Chair

The White House has notified Federal Reserve Governor Jerome Powell that President Donald Trump will nominate him as the next chair of the central bank, The Wall Street Journal reported…

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