Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.
Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.
The hearing before the Senate Banking Committee was relatively quiet absent a few back-and-forths on the economic effects of ...
The Federal Reserve chair said in testimony to the Senate Committee on Banking, Housing and Urban Affairs on Tuesday: “With ...
President Donald Trump on Wednesday said that interest rates should be lowered and that would go "hand in hand" with his ...
Last year, Trump suggested the U.S. president should have "at least" a say over setting interest rates, something that would ...
Underlying US inflation last month rose by the most since March, diminishing chances the Federal Reserve will lower interest ...
President Trump's comments come a day after Fed Chairman Jerome Powell said on Capitol Hill that the central bank doesn’t need to “hurry" to lower interest rates.
WASHINGTON – President Donald Trump called for lower interest rates, seeking to raise pressure on the Federal Reserve as he ...
Inflation’s recent uptick is a major reason the Federal Reserve has paused its interest rate cuts, after implementing three ...
Powell was also asked about the high cost of home ownership and President Trump's trade policies, but as usual, the Fed chair ...
Federal Reserve Chair Jerome Powell will tell the Senate banking committee the Fed isn't "in a hurry" to resume its interest ...