Trump's message to Fed, Powell
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Vice President JD Vance said Federal Reserve Chair Jerome Powell has been slow to deal with inflation and helping with trade deals. “He’s a nice guy,” Vance said in a Fox News interview Thursday, “but he’s been wrong about almost everything.
Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its wait-and-see approach.
Federal Reserve Chair Jerome Powell reiterated the need for a wait-and-see approach during a press conference following the committee's policy announcement.
Fed Chair Jerome Powell is set to speak with reporters after the Federal Reserve's decision to hold interest rates steady amid widespread economic uncertainty tied to President Trump's tariffs.
The Fed leader discussed the decision to hold rates steady, the outlook for inflation and the economy, and the possible effects of tariffs.
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Grant Cardone has taken aim at Federal Reserve Chair Jerome Powell, accusing him of being antagonistic toward the Trump administration and potentially trying to block the president's pro-business agenda.
A prominent House Republican who is in charge of a monetary policy task force told Yahoo Finance he still supports Jerome Powell as Federal Reserve chair on a day when President Trump once again criticized the central bank boss for not lowering interest rates.