News

President Trump again called on Jerome Powell to cut interest rates after threatening to oust the Federal Reserve chairman ...
President Trump again called ... support for Powell on "Meet the Press" Sunday, saying, "I don’t think the president, any president has the right to remove the Federal Reserve chair" and that ...
President Donald Trump could be setting up Fed Chair Jerome Powell as a 'scapegoat' if a recession hits, according to an MSU ...
Although the Fed does not set mortgage rates directly, central bank policy can influence long-term borrowing costs, including mortgages. Trump campaigned on a vow to get mortgage rates to 3% ...
Powell, whose term as a member of the Fed's Board of Governors extends through January 2028, also said this week he does not think the ... The issue has arisen again in the last week with Powell ...
The interest rate ticked higher again on Monday to ... which the Fed would normally seek to counter with rate cuts. “Our tool only does one of those two things at the same time,” Powell ...
While many experts say the president does not in fact have the power to fire the Fed chief due to policy differences, Trump has made clear he’s willing to break with norms and precedent ...
So what does a central bank do when faced with Federal government policies that fly in the face of economic common sense and rational action? One would think the Fed would go into "soft landing ...