News

White House ramps up pressure on Fed's Powell three weeks before next interest rate decision
President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates ...
Trump official criticizes Fed chief Powell as Trump takes aim over interest rates
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...
White House Seizes on Fed Renovations as Opening to Oust Powell
A dispute over the Federal Reserve’s renovation of its headquarters could provide the pretext to attempt the removal of Fed ...
Fed Governor Waller favors cutting interest rates in July and continued shrinking of balance sheet
Federal Reserve Governor Chris Waller said on Thursday said he favors cutting the Fed's policy rate in July. He also ...
Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But ...
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 rates under Powell.
Chances of Fed Interest Rate Cut Plunge After Strong Jobs Report
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Can the Next Fed Chair Truly Be Independent From Trump’s Influence?
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...