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Trump calls on the Federal Reserve board to take full control of the central bank from Powell
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
Have we seen Powell's last rate cut as Fed chair?
Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary ...
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates
In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the ...
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...
Fed holds interest rates steady, Chair Powell says Fed independence 'very important'
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...
Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...
Trump Just Got a Fresh Shot at Bending the Fed to His Will
A Biden appointee’s early departure offers the president potential help on interest rates—and a way to make life difficult ...