Federal Reserve Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the Fed would have likely reduced rates this year if not for potential consumer price hikes.

President Donald Trump urged the central bank to cut rates. Fed Chair Jerome Powell is holding firm — but more and more ...

President Donald Trump ’s visit to the Federal Reserve on July 24 marks the latest turn in his increasingly vitriolic campaign to pressure Fed Chair Jerome Powell into cutting interest rates or ...

That suggested Trump thinks the Fed should chop its key short term interest rate by a whopping 3 percentage points or so, from a range of 4.25% to 4.5% to about 1.25%.

Most Fed Officials Expect 2025 Rate Cuts Despite Tariff Inflation Concerns, Minutes Show By Derek Saul, Former Staff. Derek Saul has covered markets for the Forbes news team since 2021.

A chorus of Fed officials in the past week cautioned that a new round of tariffs, and the inflation they may ignite, make it too risky to resume rate cuts in July. Fed governor Christopher Waller ...

Trump tried another tack on June 30, saying the Fed’s refusal to slice rates was costing the federal government nearly $1 trillion in interest on its debt. On his Truth Social site, Trump shared ...

Trump tried another tack on June 30, saying the Fed’s refusal to slice rates was costing the federal government nearly $1 trillion in interest on its debt. On his Truth Social site, Trump shared ...