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President Trump took aim at Jerome Powell, calling interest rates cuts and saying the Fed Chair's termination “cannot come fast enough.” It comes as his administration's tariffs continue to cause ...
Chicago Fed President Austan Goolsbee said last week at an event in New York that Trump’s tariffs are putting the central bank in that same tough spot. “A tariff is like a negative supply shock.
Speaking earlier on Monday, Chicago Federal Reserve President Austan Goolsbee cautioned against taking too much of a signal from the global market sell-off, noting it stemmed in part from the Bank ...
President Trump is once again pressing the Federal Reserve to lower interest rates, even as his own tariffs make that more difficult. Economists say if Trump gets his way, it could backfire.