Fed chair Powell says 'economy is doing fine' despite declining consumer sentiment

Despite concerns that President Donald Trump's tariffs and the resulting decline in orders on imports to the U.S. could lead to "empty shelves" and higher prices for consumers, Powell said he doesn't ... Read More

Trump Calls Fed Chair Powell a "Fool" After Rate Hold, Insists Inflation Is Low and Tariffs Are Boosting U.S. Economy

President Donald Trump lashed out at Federal Reserve Chair Jerome Powell on Thursday, according to CNBC. The President called Powell a "fool" in a Truth Social post after the central bank chose to ... Read More

Trump calls Fed Chair Jerome Powell a "fool" for keeping interest rates steady

President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May 7 meeting, calling him a "fool" for acting "too late" in cutting the ... Read More

Trump calls Fed Chair Jerome Powell a ‘fool' after central bank keeps rates steady

The Fed on Wednesday voted to keep its benchmark interest rate in a range of 4.25% to 4.5%, where it’s kept it on hold since December. Read More

Fed's Powell says tariffs could lead to inflation, economic slowdown

Even so, Powell ... Fed's 19-member interest rate-setting committee in the minutes of their meeting last month. Mr. Trump's tariffs have led economists to lower their expectations for U.S ... Read More

Can Trump fire the fed chair? President lashes out at Powell for economic outlook

President Donald Trump has hinted that he wants to fire Federal Reserve Chair Jerome Powell for his economic outlook amid Trump’s tariffs. Powell says ... the U.S. economy and the Fed in ... Read More

Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters

Here are some questions and answers about the Fed. The Fed wields extensive power over the U.S. economy ... every year about the economy and interest rate policy. Powell says the law establishing ... Read More

Trump Says He Won’t Fire Powell. His Fed Battle May Not Be Over Yet.

After lowering interest rates by a percentage point, the Fed is now in a holding pattern as it waits to see what the economic effects of the president’s policies will be. High Bar for Cuts Even ... Read More

Trump Says He Has Power to Oust Fed’s Powell If He Chooses

Trump’s comments come a day after Powell, speaking in Chicago, reiterated that the Fed isn’t in a rush to cut rates and instead is awaiting greater clarity on the economy. Nathan Sheets ... Read More

Powell Issues Stark Warning On Economic Toll Of Tariffs, Says Fed Is Watching CRE Lenders Closely

But banks that lend to commercial real estate borrowers are probably in a good position to withstand future economic blows — though the Fed ... in the United States,” Powell said. Read More