News

'Ripping the fabric of the universe:' Trump targets Powell, and investors react
President Donald Trump on Wednesday appeared to escalate his attacks on Federal Reserve Chair Jerome Powell, a step investor call dangerous.
Public Broadcasting Service (PBS)22h
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 ...
Bloomberg on MSN2h
Trump Denies Drafting Letter To Fire Powell
President Trump is continuing to pressure the Federal Reserve into cutting interest rates, renewing the question of how much ...
JPMorgan CEO Jamie Dimon has a clear message for Donald Trump: ‘Playing with Fed can…’; warns of tariff impact
JPMorgan Chase CEO Jamie Dimon defended the Federal Reserve's independence amidst President Trump's pressure for rate cuts, ...
WRIC ABC 8News on MSN7h
How the White House is broadening its pressure campaign on Fed chief Jerome Powell
The Fed has long maintained independence from the White House to avoid political pressures influencing monetary policy.
Trump tariffs push up inflation despite pressure on Fed to cut rates
Inflation rose in June as President Donald Trump’s tariffs began to push up the prices of certain goods, undermining his attempts to pressure Federal Reserve Chair Jerome Powell to lower interest ...
Hassett Grabs Pole Position in Race to Be Trump’s New Fed Chair
Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome ...
Trump administration ramps up pressure on Powell as Fed holds rates steady
President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest ...
Trump compares talking to Powell to 'talking to a chair' while touting his own economic predictions
Trump criticizes Federal Reserve Chairman Powell for expensive headquarters renovations while expressing frustration over ...