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In this podcast, Motley Fool analyst Asit Sharma and host Dylan Lewis discuss: The Trump administration's focus on Fed Chair Jerome Powell. The role of an independent Federal Reserve bank for the ...
Donald Trump is no Nixon. For Fed watchers, that message seemed to hit home last week, when Trump abruptly backed off his sharp attacks on Fed Chair Jerome H. Powell, after his social media posts ...
The president said he has “no intention” of ousting Jerome H. Powell, the Fed chair, but the administration’s willingness to challenge norms regarding the central bank’s political ...
Most economists don't expect the Fed to cut the short-term federal funds rate, which influences many other interest rates charged to consumers and businesses, in just a few days. The central bank ...
President Trump is openly mulling the termination of Fed Chair Jerome Powell, who won't give Trump the interest rate cuts he wants. If Trump really wants lower rates, however, the best person to ...
In a speech full of long-standing criticisms but short on specifics for what he would do differently, Warsh said he believes in the Fed's "operational independence" but argued it has gone beyond ...
Trump’s demand that the Fed lower interest rates could undermine investors’ confidence in the next Fed chair, economists and former U.S. policymakers say. Investors could question whether ...
NEW YORK, April 23 (Reuters) - Conditions still support ongoing reductions in the Federal Reserve's balance sheet, Cleveland Fed President Beth Hammack said on Wednesday, as she also noted that ...
Meddling with the Federal Reserve's ability to independently set interest rates could result in dire consequences for the economy, Chicago Fed President Austan Goolsbee said on Monday. The top ...
Chicago Fed President Austan Goolsbee defended the Fed's independence, stating that political pressure undermines its credibility. While Trump appointed Powell, legal experts suggest he cannot ...
Airing his grievances over the weekend on Truth Social, the president complained that interest rates have not been lowered recently and accused the Fed, led by Powell, of lowering interest rates ...