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Trump Pressures Powell: Renovation Row and Interest Rate Clash
President Trump escalates pressure on Federal Reserve Chairman Jerome Powell to lower interest rates by targeting the Federal Reserve's costly renovation plans. Trump's tactics include appointing allies to review the renovations and publicly criticizing Powell,
The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
The president hasn’t named a successor to Jerome H. Powell, but his insistence on someone who will lower interest rates has ...
The Federal Reserve would have cut interest rates by now if President Donald Trump's tariffs weren't so substantial, central bank chief Jerome Powell said Tuesday. Trump’s ever-changing tariff ...
Federal Reserve governor Christopher Waller said Thursday that the central bank should consider cutting interest rates at its ...
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