News
Brett Arends is an award-winning financial writer with many years experience writing about markets, economics and personal finance. He has received an individual award from the Society of American ...
Trump has repeatedly criticized Powell over the Fed's refusal to cut interest rates. Powell recently said Trump's tariffs would result in higher inflation and weaker economic growth. President ...
It was a monetary ticking time bomb. Right before Powell was confirmed for a second term as Fed Chair, he said a 75 basis- point (0.75 percentage point) interest rate hike was off the table.
"If Trump fired Powell, the damage to the Fed's credibility and resultant market volatility would likely send mortgage rates even higher than they have been." A microcosm of this effect was ...
Jerome Powell’s determination to ensure any jump in prices stemming from Donald Trump’s tariffs don’t spread through the economy has earned him the moniker “Mr. Too Late” from the president.
What Happened: Trump has been outspoken on social media, referring to Powell as “Mr Too Late” and “a major loser” for what he sees as a reluctance to ease policy. However, the Fed Chair ...
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 ...
This week, Trump turned up the rhetoric associated with threats to fire Fed Chair Jerome Powell, triggering more unrest in the markets. Claiming that there is virtually no inflation, Trump called ...
Trump has recently kept the pressure on Powell to lower interest rates – an action the Fed chair recently said he would not rush or take lightly. Trump nominated Powell as Fed chair in 2017 but ...
Federal Reserve Bank Chairman Jerome Powell, a Republican, isn’t acquiescing to Trump’s demand that the Fed lower its interest rate — or that Powell step down. It’s not something Trump ...
President Trump’s ramped-up attacks on Federal Reserve Chair Jerome Powell have Washington Republicans bracing for a confrontation that could make the turmoil in the financial markets much worse ...
Some results have been hidden because they may be inaccessible to you
Show inaccessible results