News

An attempt by Trump to fire Powell would face major legal challenge
If President Donald Trump takes the unprecedented step of trying to fire Fed Chairman Jerome Powell, the effort would roil ...
Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope
The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.
Trump will be hit with $60bn bill if he sacks Powell
Donald Trump will be hit with a $60bn (£44bn) bill if he follows through on his threats to sack Federal Reserve chairman ...
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How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...
Trump Wants Lower Rates. Firing Powell Could Push Them Higher.
Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher ...
A top Fed official, considered a candidate to replace Powell, keeps calling for a rate cut this month
A top official at the Federal Reserve on Thursday reiterated his call for an interest rate cut later this month, despite data ...
Powell’s job at rick over marble makeover
President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim ...
Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...