News

Trump calls on the Federal Reserve board to take full control of the central bank from Powell
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
Have we seen Powell's last rate cut as Fed chair?
Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary ...
A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates
In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the ...
Trump: Fed Board Should Assume Control if Powell Won't Lower Interest Rates
WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday the Federal Reserve board should assume control if Fed Chair ...
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Trump says Fed board 'should assume control' as he again lambasts Powell
U.S. president Donald Trump has taken to his Truth Social account to once again abuse Federal Reserve Chair Jerome Powell.
Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts
Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace ...
Waiting for a Fed rate cut? Chair Powell offered few signals of one, economists say
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...
Trump says he’ll tap new Fed candidate to take open role in the next couple of days
Trump also said on Sunday evening that he would appoint a new chief statistician to replace the Bureau of Labor Statistics Commissioner he recently dismissed.