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Trump calls on ‘Too Late Powell’ to cut interest rates after benign inflation report—but impact of tariffs is yet to hit
April's inflation report will be welcome news to the FOMC—but that doesn't mean the Powell-led group will cut interest rates.
Fed's Powell cautions about higher long-term rates as ‘supply shocks' provide policy challenges
Powell said Thursday that longer-term interest rates are likely to be higher as the economy changes and policy is in flux.
Powell's lean to job market under microscope as Fed revisits strategy
With mounting evidence that tight labor markets do not necessarily boost inflation and facing massive job losses in 2020, ...
Inflation, trade uncertainty are expected to keep interest rate cuts on hold
The Federal Reserve is trying to decipher whiplash tariff rollouts and pullbacks that have stirred panic on Wall Street and ...
Trump tariffs have little impact on prices so far, defying grim forecasts
Inflation climbed at the slowest pace since early 2021 in April, surprising economists who anticipated tariff-related ...
Goldman Sachs says undermining central bank independence has economic repercussions
An analysis by Goldman Sachs finds that reducing the independence of central banks like the Federal Reserve can contribute to higher inflation, lower stock prices and a weaker currency.
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Powell warns of more volatile inflation as latest data shows impact from tariffs
US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.
Stagflation is a looming economic risk—here's what it may mean for your money
Risks of higher unemployment and higher inflation have risen, according to the Federal Reserve. Those factors may prompt ...
Trump calls for Fed Chair Jerome Powell's 'termination' in blistering attack
President Trump lashed out at Powell for not acting sooner to lower interest rates. The president's own tariffs make that ...
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Trump blasts Fed Chair Powell, saying his ‘termination cannot come fast enough’
But he also praised Powell for cutting rates to zero to prevent an economic collapse. Trump doubled down on his ... s priorities,” according to a Wall Street Journal report of a letter Trump sent to ...
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The Fed Leaves Fed Funds Rate at 4.5% as Economic Storm Clouds Gather
The Fed is now hemmed in by a rising risk of stagflation. It doesn‘t know where the economy is headed, or is unwilling to ...
CNN27d
Trump blasts Fed Chair Powell, saying his ‘termination cannot come fast enough’
But he also praised Powell for cutting rates to zero to prevent an economic collapse ... priorities,” according to a Wall Street Journal report of a letter Trump sent to them.