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Fed Staff Members Cite Tariffs and Inflation

Fed Staff Members Cite Tariffs and Inflation for Costly Renovations

A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of attacks from the Trump administration.

Seeking Alpha on MSN · 2d

Treasury's Bessent thinks Fed's view of tariffs on inflation is 'off'

Treasury Secretary Scott Bessent doesn't understand why tariffs would cause the Federal Reserve to delay interest rate cuts. "I'm not really sure what the Federal Reserve is looking at because, thus far,

U.S. News & World Report · 1d

Trump and Powell Spar Over Costs of Fed Renovations

President Donald Trump and Federal Reserve Chairman Jerome Powell sparred face to face Thursday over the cost of renovations of the central bank’s Washington headquarters, with the Fed leader saying the president was wrong about the cost of the overhaul.

Fed, Trump and Powell

The New York Times · 7h

What Did Trump’s Hard-Hat Tour of the Fed Accomplish?

The president wanted to take Jerome Powell, the Fed chair, to task over the cost of renovations to the central bank’s headquarters, but Mr. Powell was having none of it.

Bloomberg on MSN · 21h

Trump Says Not Necessary to Fire Powell After Getting Fed Tour

Donald Trump downplayed his clash with Federal Reserve Chairman Jerome Powell over cost overruns during a tour of the central bank’s renovation project on Thursday, making it clear that he saw the issue of lower interest rates as a more pressing concern.

Business Insider on MSN · 22h

Trump and Powell can't agree on numbers, and it's more than just interest rates

Aside from interest rates, the president and Powell are also not on the same page about the Federal Reserve renovation costs and inflation.

4hon MSNOpinion

Gasparino: Jerome Powell Has Been A Horrendous Fed Chair, He Missed Inflation And Allowed So Much Printing Of Money

On 'Will Cain Show' Charlie Gasparino criticized Jerome Powell as Federal Reserve Chairman: LAWRENCE JONES: And there we have ...

23hon MSN

Fed Chair Powell pushes back on Trump criticism during extraordinary visit at central bank

President Donald Trump used a rare visit to the Federal Reserve on Thursday to renew his pressure on Fed Chair Jerome Powell, ...

12hOpinion

As Trump rails against Fed Chair Powell, here’s why Federal Reserve independence is essential

The Federal Reserve, established over a century ago, has managed its dual mandate admirably, economist Mark Zandi writes, by ...

7don MSN

Fed's rate-cut delay intact as inflation fears override Trump pressure

The case for a U.S. interest rate cut remains unresolved as Federal Reserve officials head into their policy meeting later ...

Japan’s Inflation Surge Is Now A Political Crisis

On any list of central bankers dying to get off this crazy thing called 2025, Japan’s Kazuo Ueda deserves a spot at the very ...

The Fed Preview: Dissent Expected, Brace For Volatility

The FOMC is likely to leave the Federal Funds rate unchanged at the July meeting. See why I think FOMC signal for two ...

Trump's visit to Fed is latest twist in feud over interest rates that has long history

President Trump's visit to the Fed is the latest development in his long-running fight with Fed Chair Powell that has focused ...

CNET on MSN1d

Mortgage Predictions: With Fed Cuts on Hold, Where Do Rates Go From Here?

The wait for a more affordable housing market is only getting longer as lingering inflation and tariff uncertainties keep the ...

7hon MSN

Wall Street inches up as Trump's EU trade remarks and Fed hints stir caution

The S&P 500 and the Dow edged up in tepid trading on Friday as investors assessed President Donald Trump's latest comments on ...

2don MSN

Meddling With the Fed Could Backfire on Trump

Slashing government interest rates could have the paradoxical effect of raising the interest rates paid in the real world.

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