Fed, Trump and Powell
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The Fed has left it's key interest rate unchanged for three consecutive meetings, with Chair Jerome Powell citing economic uncertainty.
The ongoing criticism by President Donald Trump against Federal Reserve Chair Jerome Powell continued on Monday, with the president writing on Truth Social, ″there is virtually no inflation" and that Powell is a "major loser.
President Donald Trump slammed Federal Reserve Chair Jerome ... a day after Powell warned about the impact of Trump's tariffs. “I’m not happy with him… if I want him out, he’ll be out ...
The Supreme Court went out of its way to note in an unrelated ruling Thursday that Donald Trump cannot legally remove Federal Reserve Chair Jerome Powell. In a decision that did allow Trump to fire two members of independent federal labor boards, the high court said that the Federal Reserve, on the other hand, holds a different status.
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essanews.com on MSNTrump escalates feud with Fed chair: Experts warn of inflation riskDonald Trump is once again putting pressure on the head of the American central bank. He has been criticizing Jerome Powell since the beginning of his second term in the White House. In the past, Trump has called him a "fool" and a "big loser.
President Trump lashed out at Federal Reserve Chair Jerome Powell one day after Powell warned that the Fed could face a difficult trade-off as tariffs raise prices and weaken the economy.