Tag: jerome powell
Everyone’s watching Jerome Powell as warnings flash for the U.S. economy
A surprisingly weak July employment report has intensified expectations that the Federal Reserve will resume cutting interest rates as soon as September, with mounting...
Trump rips into ‘stubborn’ Jerome Powell, calls for Fed’s board to launch a coup and seize power
President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head...
Jamie Dimon doubles down on backing Powell despite Trump criticism, saying an independent Fed means lower rates
JPMorgan Chase CEO Jamie Dimon has doubled down on his support for Fed chairman Jerome Powell—despite criticism from the Oval Office of the Fed’s...
Powell didn’t just refuse to deliver a rate cut—he also hinted a raise might have been on the cards
In a move that everyone was expecting, U.S. Federal Reserve Chairman Jerome Powell disappointed Donald Trump again yesterday by refusing to cut the base...
Jerome Powell’s Federal Reserve holds rates steady despite immense pressure from Trump to cut, cut, cut
The Federal Reserve maintained rates on Wednesday, holding up against the pressure of President Donald Trump and his recently escalated rhetoric.
The Fed, while it...
Trump has given Powell ‘no motivation to cooperate’ says former White House commerce secretary—he might now be paying the price for it
Despite insistence from President Trump that the base interest rate should be cut, it seems the policy and rhetoric out of the White House...
Fed chair tells Trump he has his facts wrong on central bank’s renovation costs
WASHINGTON – President Donald Trump rattled off a number to shame Federal Reserve Chair Jerome Powell about the renovation costs of the Fed's headquarters...
Trump jokes about firing Jerome Powell to his face during Fed visit
President Donald Trump publicly scorned Federal Reserve Chair Jerome Powell on Thursday for the cost of an extensive building renovation as the two officials...
The Latest: Trump to visit Federal Reserve as feud with its chair continues
President Donald Trump is visiting the Federal Reserve headquarters in Washington on Thursday, a week after indicating that Fed chair Jerome Powell’s handling of...
Presidential visits to the Fed in the past have been endorsements of its independence—Trump’s visit today? Not so much
Donald Trump is taking his battle with Jerome Powell to the doorstep of the Federal Reserve. Literally.
The president will be visiting the central...