The boss of JP Morgan Chase, Jamie Dimon, has defended the “absolutely critical” independence of the Federal Reserve chair, as Donald Trump continues to demand immediate cuts in interest rates. The US treasury secretary, Scott Bessent, said on Tuesday that a formal process for choosing a successor to the Fed chair, Jerome Powell, had already begun – despite the fact …
Read More »Jamie Dimon Backs Jerome Powell Over Trump in Fed Fight The New York TimesView Full Coverage on Google News Source link
Read More »Trump tariffs push up inflation despite pressure on Fed to cut rates Politico Here’s how Trump’s tariffs could be impacting prices for US consumers CNN Rising Inflation Underscores Risks in Trump’s New Tariff Threats The New York Times Inflation picks up again in June, rising at 2.7% annual rate CNBC Inflation heats up in June as President Trump’s tariffs start to bite NPR Source link
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Trump administration has begun search for next Fed Chair Financial Times Scott Bessent confirms moves to replace Jerome Powell are under way: ‘There’s a formal process that’s already starting’ Fortune Fed Defends Renovations as White House Widens Attacks on Central Bank The New York Times Trump economic adviser Kevin Hassett is rising in race for next Fed chief The Washington Post Bessent Suggests Powell …
Read More »Here’s how Trump’s feud with Fed Chair Jerome Powell escalated Axios Contenders to succeed Powell slam Fed chair as White House pressure intensifies Yahoo Finance Trump again slams ‘stupid’ US Fed chairman over interest rate levels Al Jazeera Powell asks inspector general to review $2.5 billion renovation after Trump blasts Fed project CNBC Fed Defends Renovations as White House Widens Attacks on Central Bank The …
Read More »Trump economics adviser Kevin Hassett is rising in race for next Fed chief The Washington PostView Full Coverage on Google News Source link
Read More »Powell asks watchdog to probe Fed HQ renovations as Trump pressure grows Politico Fed Chair Powell asks inspector general to review controversial building project CNBC Scoop: Powell asks Fed’s IG to review renovation costs amid Trump pressure Axios Contenders to succeed Powell slam Fed chair as White House pressure intensifies Yahoo Finance Fed Defends Renovations as White House Widens Attacks on Central Bank The New …
Read More »Why Trump’s push for a 1% Fed policy rate could spell trouble for US economy Reuters Can the Next Fed Chair Truly Be Independent From Trump’s Influence? The New York Times The Fed Is Built to Resist Trump’s Meddling Bloomberg Trump Keeps Pushing Powell to Lower Interest Rates. It Could Backfire. Barron’s Monday Moneybeat: The Fed fight wng.org Source link
Read More »Fed explains its mega-renovation project as Trump pressures Powell Axios Trump ‘certainly’ can fire Fed chair Powell ‘if there’s cause’: Hassett CNBC White House Seizes on Fed Renovations as Opening to Oust Powell The Wall Street Journal Risk of Powell ouster is underpriced, Deutsche Bank strategist says Fortune Hassett says White House probing Fed renovation costs, authority to fire Powell Reuters Source link
Read More »Hassett says White House probing Fed renovation costs, authority to fire Powell Reuters Trump ‘certainly’ can fire Fed chair Powell ‘if there’s cause’: Hassett CNBC White House Seizes on Fed Renovations as Opening to Oust Powell The Wall Street Journal Risk of Powell ouster is underpriced, Deutsche Bank strategist says Fortune ‘Huge deal’: White House probe fuels speculation Trump could oust Powell Politico Source link
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