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Trump will likely fire Fed's Jerome Powell

Bloomberg · 2h

Trump Versus Powell: How Far Can He Push the Fed Chair?

The US president regularly blasts the central bank chair, whom he appointed. Now Trump’s allies appear to be building a case for firing him

Trump says he's "highly unlikely" to fire Fed's Powell after floating that idea in private

WASHINGTON — President Donald Trump said Wednesday that he was “highly unlikely” to fire Federal Reserve Chair Jerome Powell, a public statement made less than 24 hours after suggesting in a private meeting that he was leaning in favor of dismissing the head of the nation's central bank.

HuffPost on MSN · 1h

Trump Indicates He May Fire Fed Chair Jerome Powell

The president told Republican lawmakers he's likely to oust the man overseeing the Federal Reserve, according to multiple reports.

Fed Sep. Rate Cut Now In Balance

Reuters on MSN · 2h

Traders boost bets on Fed rate cuts

Short-term U.S. interest-rate futures rose on Wednesday after a report that President Donald Trump is likely to fire Federal Reserve Jerome Powell soon, with traders now betting on rate cuts starting in September and at least one more by December.

MarketWatch · 1d

After CPI inflation report, fed-funds futures point to September rate cut

Traders in the federal-funds futures market continued to expect on Tuesday the Federal Reserve to hold its benchmark rate steady this month, as they weighed the latest inflation data. Fed-funds futures showed a 97.

Fed September Rate Cut Now In the Balance

Whether the Federal Reserve cuts rates in September is now looking like a 50/50 call after June’s inflation data. Traders are pricing in a 50.5% chance of the Fed lowering borrowing costs by a quarter point,

1hon MSN

Trump eyes opportunity to oust Powell in $700 million overrun on Fed building extension

When a reporter asked if the expensive renovation was a fireable offense, Trump replied, “I think it sort of is." ...

Public Broadcasting Service (PBS)18h

How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision

A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...

1don MSN

Fed's extended rate hike campaign is expanding banks' net interest margins, says Argus Research's Biggar

CNBC's "Closing Bell" team discusses what to expect from upcoming bank earnings with Stephen Biggar, director of financial ...

22hon MSN

Dimon Defends Fed Independence After Trump Attacks

Many on Wall Street have privately worried that political pressure will undermine the Federal Reserve’s credibility.

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