Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday.
The Federal Reserve is widely expected to keep interest rates unchanged as its two-day policy meeting concludes on January 29. Investors are nearly unanimous in anticipating that the Fed will maintain rates within the current 4.
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its current range around 4.3% after three consecutive rate cuts beginning in September,
The author of this article finds herself in not-so-quite the dilemma. I have the utmost respect and a very soft spot for ‘crypto president’ Donald Trump. But
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
Chairman Jerome Powell said the central bank is in wait-and-see mode amid mostly positive U.S. economic conditions.
In an address to the World Economic Forum in Switzerland, delivered via video link Thursday, President Donald Trump revisited his displeasure with the policy direction of the U.S. Federal Reserve that surfaced during his first term in spite of having appointed the leader of the monetary body.
US Federal Reserve chief Jerome Powell (pictured) mounted a robust defence of the central bank's independent decision making.
Fed leaves interest rates unchanged, with Powell offering little on inflation or employment amid uncertainty over Trump's economic policies.
Speaking virtually at the World Economic Forum in Davos, Switzerland, President Donald Trump indicated Thursday that he would “demand that interest rates drop immediately.” Since setting rates is the prerogative of the supposedly politically independent Federal Open Market Committee,
President Trump had a message last week for the Federal Reserve while at the annual World Economic Forum gathering ... Federal Reserve Chair Jerome Powell has over the years steadfastly defended ...