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Fed, Trump and Jerome Powell

The New York Times · 2d

Trump Wants Lower Rates. Firing Powell Could Push Them Higher.

Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher returns if the central bank’s independence comes into question.

CNN on MSN · 14h

Trump says Powell is costing the US a fortune by not lowering rates. But firing the Fed chair may not fix the issue

As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest rates.

Seeking Alpha · 2d

Higher Long-Term Interest Rates If Trump Fires Powell From The Fed

The president prefers low interest rates. But the Federal Reserve Act protects the Fed chair's removal. Long-term rates are set by financial markets and sensitive to inflation expectations.

10hon MSN

An attempt by Trump to fire Powell would face major legal challenge

Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.

Fox Business on MSN2d

Powell not lowering interest rates is due to ‘politics,’ economist argues

First Trust Advisors L.P. chief economist Brian Wesbury discusses the Federal Reserve’s leadership, cutting interest rates ...

10hon MSN

Leading contenders to replace Jerome Powell as Fed chair

Star Sports political betting analyst William Kedjanyi told Newsweek: "Donald Trump has been harassing Jerome Powell, chair ...

Public Broadcasting Service (PBS)4d

How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision

A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...

2d

Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...

1d

What’s holding up interest rate cuts by the Federal Reserve?

Right now, inflation is still hovering just above the Federal Reserve’s target and data is mixed. That’s why Fed Chair Jerome ...

2d

White House Seeks to Inspect Fed Renovation in Bid to Pressure Powell

Russell T. Vought, the head of the Office of Management and Budget, said he and other administration officials wanted access ...

2don MSN

Inflation Won’t Lead to Rate Cuts but a Weakening Economy Just Might

President Donald Trump may ultimately get his wish for lower interest rates, but it isn’t likely to be the result of his ...

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