News

Trump official criticizes Fed chief Jerome Powell for "ostentatious" office renovations, as Trump takes aim over interest rates
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...
Powell’s job at rick over marble makeover
President Donald Trump has looked to the marble finishes and hefty price tag of the Federal Reserve headquarters to claim ...
What’s holding up interest rate cuts by the Federal Reserve?
Right now, inflation is still hovering just above the Federal Reserve’s target and data is mixed. That’s why Fed Chair Jerome ...
Why the White House is attacking Powell over the ‘Taj Mahal on the National Mall’
Federal Reserve Chair Jerome Powell is under fire from the White House, which accuses him of bungling a yearslong renovation ...
Inflation Won’t Lead to Rate Cuts but a Weakening Economy Just Might
President Donald Trump may ultimately get his wish for lower interest rates, but it isn’t likely to be the result of his ...
Stocks whipsawed, end flat after Trump downplays talk of Powell firing
Stocks had been rising modestly in the morning, before news reports saying that Trump was likely to fire the Fed chief, which ...
Trump hints at Powell ousting over fraud claims amid row over interest rates
Trump has been highly critical of the central bank chairman over his reluctance to cut interest rates more quickly.
Behind Trump's move to back off Powell: Lawyers warned against it.
Privately, White House officials acknowledge uncertainty about Trump firing Powell solely based on accusations he mismanaged a multi-year renovation project.