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Powell did not indicate whether the Fed would cut interest rates in July, saying that they were making decisions based on how data changes. While Trump can hope for Powell to resign, he can remain ...
Former President Donald Trump recently said the president should have a role in setting interest rates that determine costs for everything from mortgages to credit card loans. The proposal would ...
President Donald Trump on Monday continued his extended attack against Federal Reserve Chair Jerome Powell and the central bank’s Board of Governors, calling for ultra-low rates in an ...
Federal Reserve Chair Jerome H. Powell is resisting President Donald Trump’s calls for lower interest rates, saying the Fed should not take debt and deficits into account.
The Federal Reserve on June 18 held interest rates steady at a range between 4.25% and 4.5% for a fourth straight meeting despite Trump's public lobbying for a lower rate and his insults directed ...
WASHINGTON (Reuters) -U.S. President Donald Trump said on Friday he would "love" if Federal Reserve Chair Jerome Powell were to resign, and the president also said he wanted interest rates cut to ...
President Donald Trump continues to bash Federal Reserve Chairman Jerome Powell — this time via a personal note. Andrew Caballero-Reynolds/AFP/Getty Images 2025-06-30T18:52:17Z ...
Fed Chair Powell says Trump tariffs delayed interest rate cuts Federal Reserve Chair Jerome Powell said Tuesday that the U.S. central bank has held off on lowering interest rates this year because ...
NPR speaks with David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, about Trump's attacks on the Fed chair for not moving to cut interest rates.
Federal Reserve Chair Jerome Powell is standing by his wait-and-see message on interest rates despite Trump's pressure and Israel-Iran ceasefire deal.
The Federal Reserve would have likely cut interest rates by now had it not been for President Donald Trump’s sweeping tariffs on nearly every U.S. trading partner, Chair Jerome Powell said on ...