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News

Fed, Trump and Powell

The New York Times · 45m
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.
Axios on MSN · 1d
How the Fed sets rates — and why Powell can't move rates alone
President Trump's war on Federal Reserve chair Jerome Powell is taking on a more aggressive form, bringing Trump a step closer to trying to oust the head of the Fed. Why it matters: Trump wants Powell to cut interest rates,
Barron's · 30m
Fed Rate Cut Expected in September Amid Trump-Powell Feud
Traders are growing increasingly confident that the Federal Reserve will cut interest rates in September amid the public feud between President Donald Trump and Fed Chair Jerome Powell. The market sees a 54% chance of the central bank lowering borrowing costs in September,
12h
Trump has wanted to fire Federal Reserve Chair Jerome Powell. A costly Fed renovation project could provide the reason.
The White House is looking for any possible way to discredit Jerome Powell right now," said Stephen Moore, an informal Trump ...
Public Broadcasting Service (PBS)
1d
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 ...

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