Donald Trump slams Jerome Powell as US Fed holds rates, but central bank reasserts independence
The US Fed held rates steady, reaffirming its independence despite President Donald Trump’s demands for cuts. Fed Chair Jerome Powell dismissed political pressure, while Trump accused the Fed of failing to control inflation.
President Donald Trump has called out the Federal Reserve in recent weeks, urging the central bank to continue cutting ...
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," ...
Trump's plan for widespread buyouts raises plenty of questions.
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
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