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Fed, Trump and Powell

The Boston Globe · 9h

Trump has wanted to fire Federal Reserve Chair Jerome Powell. A costly Fed renovation project could provide the reason.

The White House is looking for any possible way to discredit Jerome Powell right now," said Stephen Moore, an informal Trump economic adviser.

The Associated Press on MSN · 1h

Republican senators caution Trump against firing Fed chair Jerome Powell

WASHINGTON -- WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear the repercussions if President Donald Trump follows through with threats to try and remove the politically independent central banker.

CBS News on MSN · 12h

Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell

Washington — President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve Chair Jerome Powell — and people in the room voiced approval. Several sources said Mr. Trump indicated he will do it. Mr. Trump on Wednesday confirmed to reporters in the Oval Office that he spoke to lawmakers about ousting Powell.

Trump urges Fed to lower interest rates

Public Broadcasting Service (PBS) · 1d

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 President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.

Fortune on MSN · 19h

Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing the Fed to hold off on interest rate cuts

Inflation is up, stocks are down, and more tariffs are on their way. Trump wants interest rates to come down but the direction of travel is making it less likely that the Fed will deliver the cuts he wants.

Trump urges Fed to lower interest rates as new inflation data shows slight rise

President Trump is urging the Federal Reserve to lower interest rates following the release of Consumer Price Index (CPI) data for June, which shows a 0.3% increase. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.

Axios on MSN1d

How the Fed sets rates — and why Powell can't move rates alone

President Trump's war on Federal Reserve chair Jerome Powell is taking on a more aggressive form, bringing Trump a step ...

5don MSN

Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates

A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...

5don MSN

White House ramps up pressure on Fed's Powell three weeks before next interest rate decision

President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates ...

11hon 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." ...

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