News

Tariffs could create tension between Fed's dual mandate goals, Fed Chair Jerome Powell says
The level of tariffs announced so far have been "significantly larger" than the Federal Reserve anticipated, making it "likely" that the same will be true of its economic effects, Federal Reserve ...
Trump says Federal Reserve Chair Powell’s 'termination cannot come fast enough'
President Donald Trump has slammed Federal Reserve Chair Jerome Powell, reiterating his frustration the Fed has not ...
KCCI Des Moines6d
Trump says Federal Reserve Chair Powell’s 'termination cannot come fast enough'
Fed independence has pretty broad support across both political parties ... a tough spot for Powell, whose mandate is to stabilize prices and maximize employment. With the economy weakening ...
USA Today3d
US stocks pare losses but end down on tariff and Fed independence fears. Dow sheds 970 pts
The Dow lost 2.48%, or 971.82 points, to 38,170.41; the broad S ... Last week, Fed Chair Jerome Powell said Trump's tariffs could present a potential conflict between its mandates to keep prices ...
AOL6d
Trump says Fed chair is ‘too late’ on interest rates: ‘Powell’s termination cannot come fast enough!’
“We may find ourselves in the challenging scenario in which our dual mandate goals are in ... danger of that,” Powell said. “Fed independence has pretty broad support across both political ...