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News

Powell, Federal Reserve and Trump

The Independent on MSN · 4d
Trump hits ‘too late’ Jerome Powell as Federal Reserve keeps interest rates steady despite two board dissenters
President has failed to bully the central bank into lowering interest rates to artificially boost the US economy but double dissent on board is rarity
The Associated Press on MSN · 3d
Fed's Powell leaves interest rates unchanged despite Trump demands
The Fed left its key short-term interest rate unchanged for the fifth time this year, at about 4.3%, as was expected.View on euronews
Reuters on MSN · 4d
Powell says Fed does not consider government interest rate costs in policy debate
U.S. Federal Reserve Chair Jerome Powell on Wednesday said there is no place for the central bank to consider government financing needs when setting interest rate policy.
9m
Trump to replace Fed, labour chief amid row over jobs data, rate policy
After firing Bureau of Labour Statistics chief McEntarfer over weak jobs data and criticising Fed chair Powell, Trump signals ...
2d
Powell putsch
Following weeks of attacks from Donald Trump and calls to cut rates, investors had suspected Powell would bend the knee and signal a cut to come in September, the next meeting after the extended ...

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