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The Fed’s prudent “wait-and-see” approach has the White House enraged. Trump has been very vocal that the politically independent central bank needs to slash the funds rate immediately by over 3%.
President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise.
The president’s attacks on the independence of the Federal Reserve could further harm the dollar’s status as the preeminent ...
President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates ...
Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce borrowing costs ...
NPR speaks with David Wessel, director of the Hutchins Center on Fiscal and Monetary Policy at the Brookings Institution, about Trump's attacks on the Fed chair for not moving to cut interest rates.
The Trump administration’s intensifying campaign against Federal Reserve Chair Jerome Powell hit a boiling point Thursday.
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But ...
Trump has been highly critical of Fed chair Powell for not cutting rates. Some see Trump's pressure campaign against the central bank chief as futile.
Federal Reserve Chair Jerome Powell on Wednesday defended the central bank’s reluctance to cut interest rates amid questions from Senate Republicans and a barrage of insults from President Trump ...
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance directly at odds with P… ...