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Fed, Trump and Powell

The Baltimore Sun · 1h

What would Trump get out of firing the chairman of the Federal Reserve?

President Donald Trump has come out aggressively against Fed Chair Jerome Powell recently, calling him “a major loser” on his Truth Social account. Trump believes interest rates should

Fortune on MSN · 1h

Fed Chair Powell might have quietly won Trump’s one-sided war with the central bank after the president says he has ‘no intention’ of firing him

Donald Trump backed off from his threats to fire Federal Reserve Chair Jay Powell after market volatility, confirming Powell would remain through his term ending in 2026. Investors grew concerned that the Oval Office's rhetoric may one day impact the independence of the central bank.

What's known about whether Trump can fire Powell from the Fed

President Donald Trump on Monday kept up his verbal assault on Federal Reserve Chair Jerome Powell over the Fed's refusal for now to further cut interest rates, rattling financial markets growing ever more fearful that Trump may ultimately try to fire the U.

18m

Long-term CDs vs. short-term CDs: Which is better this May?

You can lock in higher rates now with short-term or long-term CD accounts — before any possible rate cuts occur.

3hon MSN

Don't expect interest rates to fall soon after Trump called Fed's Powell a 'major loser'

President Donald Trump could be setting up Fed Chair Jerome Powell as a 'scapegoat' if a recession hits, according to an MSU ...

11hon MSN

Why is Donald Trump at war with the Fed?

Trump himself appointed Jerome Powell to head the Federal Reserve back in 2017. But it’s been mostly downhill since then ...

16hon MSN

Fed's Kugler, citing inflation risks, supports steady policy rate

Federal Reserve Governor Adriana Kugler said on Tuesday that with U.S. import tariffs significantly larger than expected and ...

Consumers are struggling with their credit card balances, Fed study finds

Late card payments and minimum payments are at a record high, the Philadelphia Fed says. Seasonal and longer-term factors ...

1d

Fed News: Jefferson, Harker, Kashkari and More to Speak Today

Follow the latest news from the many Federal Reserve officials speaking today amid Trump's attacks on Powell and ahead of the ...

12h

Dollar surges then steadies as Trump backs down on Fed attacks

The U.S. dollar rose sharply and then steadied on Wednesday as President Donald Trump backed away from threats of firing ...

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