President Trump has a lot to say about FOMC chairman Jerome Powell—and yet it seems he won't take his fight directly to the Fed.
President Donald Trump criticized the Federal Reserve’s handling of inflation and banking regulation on Wednesday, following the central bank’s decision to hold interest rates steady at 4.25%-4.5%. What Happened: In a Truth Social post,
The Federal Reserve kept its key interest rate unchanged as officials grappled with uncertainty caused by inflation and President Trump's plans.
Trump commented after the Federal Open Market Committee voted unanimously to keep the federal funds rate in a range of 4.25%-4.5%
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay put. As Bank of America CEO Brian Moynihan may attest, Trump’s timing is not coincidental.
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates.
The decision was what investors and economists expected after a series of high readings of inflation and strong jobs reports.
Trump's deadlines for tariffs, federal worker buyouts and RTO, federal funding freeze, TikTok, and more are coming up. Here's a timeline of key dates.
Gold rose to a record high as investors flocked to safety after US President Donald Trump reiterated threats to impose tariffs on Mexico and Canada.
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed failed to stop the problem they created with Inflation,