Federal Reserve Central Bank

News

Donald Trump, Federal Reserve and Powell

Fed Chair Powell might have quietly won Trump’s one-sided war with the central bank after the president says he has ‘no intention’ of firing him

Donald Trump backed off from his threats to fire Federal Reserve Chair Jay Powell after market volatility, confirming Powell would remain through his term ending in 2026. Investors grew concerned that the Oval Office's rhetoric may one day impact the independence of the central bank.

Yahoo · 16h

Pres. Trump says he has ‘no intention’ of firing Federal Reserve chairman despite criticism

President Donald Trump on Tuesday afternoon said he has “no intention” of firing Federal Reserve Chairman Jerome Powell, but he reiterated he wants the central bank to lower interest rates. ... If he doesn’t,

CNN on MSN · 2h

Trump goes after Federal Reserve’s Powell again

President Donald Trump said Wednesday that Federal Reserve Chair Jerome Powell has kept interest rates too high and that he might call the central bank chief.

Chicago Fed chief: Central bank must be independent of politics

Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.

3don MSN

Fed’s Goolsbee Warns Against Curbing Central Bank Independence

Federal Reserve Bank of Chicago President Austan Goolsbee warned against efforts to curtail the central bank’s independence, ...

5don MSN

Trump Wants to Upend the Fed. Here’s How the Central Bank Works.

It is unclear whether Trump might seek to remove Powell as the head of the central bank. But even doing so wouldn’t ...

10h

A primer on the Federal Reserve's independence

President Donald Trump has been loudly critical of Federal Reserve Chair Jerome Powell for years now. Since January, the President has accused him of playing politics by keeping interest rates high.

Results that may be inaccessible to you are currently showing.

Hide inaccessible results