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Federal Reserve Chair Jerome Powell has maintained that politics will not play a role in the FOMC’s policy decisions, even as ...
His remarks come amid growing unease in financial markets as the impact of Trump’s latest round of tariffs on key trade ...
Powell’s remarks suggest officials may be more cautious about lowering rates. In a post on Truth Social Friday, Trump wrote, "This would be a PERFECT time for Fed Chairman Jerome Powell to cut ...
Federal Reserve Chair Jerome Powell ... a clearer picture on the ultimate impacts. In a speech delivered before business journalists in Arlington, Virginia, Powell said the Fed faces a "highly ...
Kevin Dietsch/Getty Images "This would be a PERFECT time for Fed Chairman Jerome Powell to cut Interest Rates," Trump said in a post on Truth Social. Trump also claimed without evidence that ...
Trump does not hesitate to comment on Fed policy. He did so again Friday morning, saying in a post on Truth Social that it would be a “PERFECT time” for Powell to cut rates. “He is always ...
Chair of the Federal Reserve Jerome Powell warned that Americans could soon see an uptick in inflation and unemployment following President Donald Trump’s “Liberation Day” tariffs, stifling ...
Shortly before Powell’s speech, Trump in a post on his social media platform called on the Fed to lower borrowing costs, accusing the central bank’s leader of playing politics. Fed officials ...
Powell's focus on inflation suggests that the Fed will likely keep its benchmark interest rate unchanged at about 4.3% in the coming months. That is likely to disappoint Wall Street investors ...
“Right now there is a lot of uncertainty” about the effects of Trump’s economic policies, Powell said, but offered no indication the Fed would act until it knows more. “It is too soon to ...