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News

Fed Chair Powell resists Trump pressure

CBS News on MSN · 1d
Trump tariffs have delayed interest rate cuts, Federal Reserve Chair Jerome Powell says
Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.
USA TODAY on MSN · 12h
Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt. Is that fight?
Fortune on MSN · 7h
Trump says Fed Chair Jerome Powell should ‘resign immediately’
Donald Trump, in a social-media post, said Fed chairman Jerome Powell should “resign immediately.” It was an escalation of his public complaints about Powell, who Trump believes is keeping interest rates high for no reason.
2don MSN
Fed Chair Jerome Powell blames Trump’s tariffs for holding up rate cuts
Asked about Trump’s barrage of insults, Powell’s comment that the Fed was focused “100%” on its inflation and jobs target ...
2don MSN
Powell Cites Solid Economy in Keeping Wait-and-See Stance on Rates
Federal Reserve officials are trying to assess how tariff increases will reshape the outlook for the U.S. economy and ...

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