Fed Chair Jerome Powell under pressure from Donald Trump; can the President fire him as interest rates hold steady at 4.25%-4.5%?
The Federal Reserve kept interest rates steady at 4.25% to 4.5%, despite US president Trump's call for deeper cuts. Trump has ...
Why the labor market could be the only hope for another Fed rate cut
Federal Reserve Chair Jerome Powell appears confident in the US labor market. But that means any signs of a slowdown could ...
Fed Chair Jerome Powell Faces Trump's Pressure: 'The President Can't Fire Me' As Interest Rates Hold Steady At 4.25%-4.5%
Fed Chair Jerome Powell pointed to solid economic growth, a stable job market, and inflation that's easing but still a little ...
Donald Trump is just one of the Fed’s problems
Federal Reserve Chair Jerome H. Powell faces four challenges at once, all of them daunting.
Inflation report upends Fed interest rate cut bets in 2025
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Trump may be his own worst enemy in his fight against the Fed
Trump argued on Wednesday that Powell and the Fed "failed to stop the problem they created with inflation." ...
Inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
Donald Trump is waging a very public war on Jerome Powell—so why hasn’t he picked up the phone?
President Trump has a lot to say about FOMC chairman Jerome Powell—and yet it seems he won't take his fight directly to the ...
There’s still a real threat that inflation makes a comeback
The recent shift in monetary policy and the Trump administration’s economic agenda have raised concerns about inflationary ...
Trump Treasury secretary Scott Bessent relives some pressure on the Fed
Treasury Secretary Scott Bessent said Donald Trump is not asking the Federal Reserve to lower its short-term interest rates, ...
News Highlights: Top Global Markets News of the Day - Thursday at 7 PM ET
Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial Services panel on the following day. Companies across the country are bleeding ...
High Inflation Sows Debate About New Fed Playbook for Tariffs
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...