The End Of The Fed?—Trump Calls For Lower Rates As Bitcoin Price Plummets
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would end the Fed’s independence, though Powell has vowed to serve out his term, which is due to end in 2026, and Trump has said he doesn’t plan on attempting to fire Powell.
Trump calls for lowering interest rates as Powell heads to Hill
While presidents traditionally refrain from commenting on the bank’s policymaking, Trump has regularly weighed in on the central bank’s handling of interest rates, frequently jabbing at Powell during his first term in the White House.
Federal Reserve chair Jerome Powell was once again clear he did not believe the president has the ability to interfere in the ...
Federal Reserve Chairman Jerome H. Powell treaded carefully Tuesday around questions about President Donald Trump’s new trade ...
Federal Reserve Chair Jerome Powell testifies on Capitol Hill for committees that oversee the central bank and the financial ...
President Trump pledged to lower costs on “Day 1” as a candidate. His administration now acknowledges it will take more time.
Federal Reserve Chair Jerome Powell pushed back against the idea that regulators should have been punished following the ...
U.S. consumer prices rose faster than expected in January in a sign progress on inflation may remain stalled, data showed on ...
Fed Chair Jerome Powell told Congress the Fed isn’t rushing rate cuts, citing strong growth and inflation. He noted ...
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...
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