President Trump and Fed Chair Jerome Powell clashed publicly Thursday, this time over a construction budget. Trump claimed the Fed's HQ renovation would cost $3.1 billion, while Powell said it’s ...

That range has been at 4.25% to 4.5% since the FOMC's last cut in December 2024. TRUMP CALLS FED CHAIR POWELL A 'KNUCKLEHEAD,' SAYS INTEREST RATES SHOULD BE BELOW 1% ...

Federal Reserve Chair Jerome Powell has told multiple associates and allies that there’s no chance he will bow to President Donald Trump’s calls for him to resign, vowing to withstand several ...

The closest analogue would be … Trump, in his first term. His target back then: also Powell – the Fed chair Trump nominated and first drew his ire back in 2018.

The Fed is widely expected to leave its benchmark interest rate in the 4.25%-4.50% range at the conclusion of a two-day policy meeting next week. Powell has said the Fed should wait for more data ...

Fed likely to stand pat on rates this week, deepening gulf between Powell and Trump July 29, 2025 | Associated Press Keywords Banking & Finance / Federal Reserve Bank / Interest Rates ...