Fed, Trump and Jerome Powell
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MiBolsilloColombia on MSNTrump slams Powell if he doesn't lower rates, anticipates replacing him in 2026President Donald Trump has once again targeted Federal Reserve Chairman Jerome Powell, urging a reduction in interest rates.
Tensions are escalating between the White House and the Federal Reserve, with consumers seemingly caught in the crossfire.
President Donald Trump and Vice President JD Vance intensified pressure on Federal Reserve Chairman Jerome Powell to cut interest rates by a full percentage point Wednesday, following the release of cooler-than-expected May inflation data that showed consumer prices rising just 0.
President Donald Trump on Thursday dialed up pressure anew on Federal Reserve Chairman Jerome Powell to cut interest rates, with the central bank's next policy meeting looming next week. Trump has called on the Fed to cut its key policy rate by a full percentage point,
WASHINGTON: President Donald Trump has urged the US Federal Reserve (Fed) to cut interest rates by a full percentage point, intensifying his pressure campaign against Chair Jerome Powell.
Trump has frequently critiqued the Fed Chair in 2025, calling Powell a "major loser." On Wednesday, weaker private payrolls spurred fresh calls for rate cuts.