Trump floats firing Fed chair with GOP lawmakers, then backs off The Washington Post Trump Has Draft of Letter to Fire Fed Chair. He Asked Republicans if He Should Send It. The New York Times Stock market today: Dow, S&P 500, Nasdaq end higher after Trump’s Powell talk sparks volatile trading Yahoo Finance Trump suggests Fed renovations could be fireable offense for Powell CNN …
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Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing the Fed to hold off on interest rate cuts
President Trump was unfazed by the rise in inflation to 2.7%, reported yesterday, and, as usual, he used social media to insist that the U.S. Federal Reserve lower interest rates. “Consumer Prices LOW. Bring down the Fed Rate, NOW!!!” he said. He then added: “Fed should cut Rates by 3 Points. Very Low Inflation. One Trillion Dollars a year would …
Read More »Trump's Powell attacks show why Fed was designed to be independent – Axios
Trump’s Powell attacks show why Fed was designed to be independent Axios Opinion | If You Like 35 Percent Inflation, Go Ahead, Fire the Fed Chair The New York Times A Politically Captive Fed Would Be a Weak Fed Bloomberg Opinion | Trump May End Up Sorry He Tried to Control the Fed The Wall Street Journal Opinion | Trump’s attacks on the Fed …
Read More »Trump Has Penned Letter To Fire Fed Chair Jerome Powell – The New York Times
Trump Has Penned Letter To Fire Fed Chair Jerome Powell The New York TimesView Full Coverage on Google News Source link
Read More »How the Fed sets rates — and why Powell can't do what Trump wants alone – Axios
How the Fed sets rates — and why Powell can’t do what Trump wants alone Axios How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision PBS Why Trump’s push for a 1% Fed policy rate could spell trouble for US economy Reuters Inflation Crushes Hopes That Federal Reserve Will Cut Interest Rates in July Investopedia Trump Reacts to Inflation News …
Read More »Jamie Dimon Sent Donald Trump a Warning About Meddling With the Fed
Jamie Dimon is sending President Donald Trump a message: Cool it on haranguing with Jerome Powell to cut rates. On Tuesday, the JPMorgan CEO touched on the feud between Trump and the Fed chair. Dimon said it’s important for the central bank to maintain its independence, referring to Trump’s threats to fire Powell or announce a new Fed chair months in …
Read More »How Trump could use a building renovation to oust the Fed chair
WASHINGTON (AP) — President Donald Trump says he has finally found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project. The push comes after a monthslong campaign by Trump to try to rid himself of the politically independent central banker, who has resisted the …
Read More »Hassett Grabs Pole Position in Race to Be Trump’s New Fed Chair – Bloomberg.com
Hassett Grabs Pole Position in Race to Be Trump’s New Fed Chair Bloomberg.com Bessent Suggests Powell Should Leave Fed Board in May Bloomberg.com Trump economic adviser Kevin Hassett is rising in race for next Fed chief The Washington Post Trump: Bessent an option to replace Fed chair, ‘but I like the job he’s doing’ Reuters Scott Bessent confirms moves to replace Jerome Powell are …
Read More »Asian Stocks Edge Lower as Fed Rate-Cut Bets Wane: Markets Wrap – Bloomberg
Asian Stocks Edge Lower as Fed Rate-Cut Bets Wane: Markets Wrap Bloomberg Asia shares struggle, dollar soars on lowered Fed rate cut bets Reuters Asian Tech Stocks Shine as Markets Weigh Latest Tariff Twists The Wall Street Journal Asian shares are mixed after Nvidia nudges Nasdaq to a record, while other US stocks slump Yahoo Finance Asia stocks drift lower tracking Wall St; Hong …
Read More »Trump says Fed renovations issue might be fireable for Powell – Axios
Trump says Fed renovations issue might be fireable for Powell Axios Trump suggests Fed renovations could be fireable offense for Powell CNN Trump compares talking to Powell to ‘talking to a chair’ while touting his own economic predictions Fox Business Jerome Powell has more housing problems now, including the Fed’s Yahoo Finance Powell asks inspector general to review $2.5 billion renovation after Trump blasts …
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