Fed, Trump and Hassett
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Though the Federal Reserve is not controlled by the White House, Donald Trump has voiced his frustrations with the central bank throughout the election.
While almost no one thinks Donald Trump's verbal attacks on Federal Reserve Chair Jerome Powell are a positive development, they have electrified the debate about whether the U.S. president is right that interest rates are too high.
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The Mirror US on MSNEnraged Donald Trump yells 'turn it off' as White House meeting descends into chaosThe President of the United States lost his cool in the Oval Office on Wednesday, appearing to angrily shout at his staff to "turn off" the live broadcast as the presser turned chaotic
Economic experts say the Federal Reserve is unlikely to cut rates despite President Donald Trump's demands due to uncertainty from tariff hikes.
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.
A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as Trump has said.
President Donald Trump says he's “highly unlikely” to fire Federal Reserve Chair Jerome Powell. His public statement Wednesday came less than 24 hours after suggesting in a private meeting that he was leaning in favor of dismissing Powell.
The Fed's $2.5 billion headquarters renovation is attracting mounting criticism from the Trump administration, which had been already attacking the central bank for not cutting interest rates.
Inflation is up, stocks are down, and more tariffs are on their way. Trump wants interest rates to come down but the direction of travel is making it less likely that the Fed will deliver the cuts he wants.