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Good morning. Mostly sunny with a high around 77 today, and clear with a low around 54 overnight. The Capitals will host ...
The Federal Reserve kept its key interest rate unchanged Wednesday, brushing off President Donald Trump's demands to lower ...
The U.S. president's comments came following Powell's remarks to the Economic Club of Chicago on April 16, when the Fed chair appointed during Trump's first term said, "Unemployment is likely to ...
Powell emphasized the inflation risks and said the Fed would not necessarily step in to help financial markets with lower interest rates if stocks plummeted. The tariffs threaten to slow the ...
Trump’s attacks on Powell come after the Fed chair’s speech at the Economic Club of Chicago on Wednesday. Powell said the Fed would base its decisions solely on what is best for all Americans.
Trump’s first comments on Powell came early in the day, in a social media post. But the president continued ripping into the Fed chief later Thursday, in an Oval Office meeting, piling on ...
President Trump is openly mulling the termination of Fed Chair Jerome Powell, who won't give Trump the interest rate cuts he wants. If Trump really wants lower rates, however, the best person to ...
The Fed is an independent government agency established by Congress. President Donald Trump on Thursday sharply criticized Federal Reserve Chair Jerome Powell, urging the central bank to lower ...
The favorite, according to people close to the administration, is former Fed ... Jerome Powell takes to the podium during a press event in the Rose Garden at the White House in 2017. (Photo ...
The criticism came a day after Fed Chair Jerome H. Powell warned that the administration’s trade war was “highly likely” to spur a temporary rise in inflation, with the potential for longer ...