Trump, Powell and interest rates
Digest more
Four potential Powell replacements have been shortlisted by the betting market. Here's who's in the running to be the next Fed Chair.
Federal Reserve Gov. Christopher Waller on Thursday called for the central bank to cut interest rates in July. Waller said
Fox Business on MSN2d
Powell not lowering interest rates is due to ‘politics,’ economist arguesFirst Trust Advisors L.P. chief economist Brian Wesbury discusses the Federal Reserve’s leadership, cutting interest rates and more on ‘Varney & Co.’
Star Sports political betting analyst William Kedjanyi told Newsweek: "Donald Trump has been harassing Jerome Powell, chair of the Federal Reserve, for months and months over interest rates. Trump wants Powell pushed out, despite the fact that Trump appointed him, and even if he does manage to survive, Powell's term ends in 10 months.
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.
If Trump allies really wanted to see homes become more affordable, he would push for less monetary inflation and for lower federal deficits.
8don MSN
President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates entered a new front this week
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as Mr. Trump pressures him over interest rates.