News

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 ...
Explícame on MSN8d
Trump's Push for Lower Interest Rates: The Quest to Oust Powell
President Donald Trump has intensified his criticism of Federal Reserve Chairman Jerome Powell, aiming to replace him with ...
Trump wants to oust Jerome Powell: What getting rid of the Federal Chair would do to the economy
Though the Federal Reserve is not controlled by the White House, Donald Trump has voiced his frustrations with the central ...
Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure
Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait ...
Trump says Federal Reserve should lower interest rates by 3 points
The Bureau of Labor Statistics on Tuesday released June inflation data, showing prices increased from the prior month. Hours ...
Türkiye time: How Trump’s Fed pressure could backfire
First, consider the case of Richard Nixon and his Fed Chairman, Arthur Burns. At the end of 1969, after he was nominated, but ...
Public Broadcasting Service (PBS)2d
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 ...
Summers Warns of ‘Massive Inflation Psychology’ From Trump Rates
Former Treasury Secretary Lawrence Summers warned that President Donald Trump’s preference for the Federal Reserve’s interest ...
Behind Trump's move to back off Powell: Lawyers warned against it.
Privately, White House officials acknowledge uncertainty about Trump firing Powell solely based on accusations he mismanaged a multi-year renovation project.