Trump Shreds Fed Chair Jerome Powell
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Trump, Powell and The National Capital Planning
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President Donald Trump launched a new verbal assault against Federal Reserve Chairman Jerome Powell on Friday, calling him “one of my worst appointments.” The president’s feud with the Federal Reserve head continued on Friday,
It hasn't been an easy start to 2025 for Jerome Powell. Unfortunately for the Fed chair, the second half of the year is likely to be even tougher.
If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets.
Federal Reserve Chair Jerome Powell made one thing certain during his closely watched speech in Jackson Hole, Wyo., on Friday: Inflation is still too high. “It is the Fed’s job to bring ...
Fed Chair Jerome Powell is under fire from the White House, which accuses him of bungling a renovation of the Fed's HQ and has suggested it could be cause to fire him.
Financial news has been breaking fast and furious, thanks to President Trump. Over the past week, he has: Escalated threats of sharply higher tariffs on major trading partners that don’t cut trade deals with him by the end of the month.
Economists expect the Consumer Price Index, to be released at 8:30 a.m., to show that the annual rate of so-called core inflation edged up to 3 percent in June as businesses started to pass some of the $100 billion collected in import taxes along to consumers.
The president is heaping criticism on Fed Chairman Jerome Powell as markets await the latest inflation numbers.