fed powell interest rates

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Fed, Trump and Jerome Powell

Higher Long-Term Interest Rates If Trump Fires Powell From The Fed

The president prefers low interest rates. But the Federal Reserve Act protects the Fed chair's removal. Long-term rates are set by financial markets and sensitive to inflation expectations.

CBS News on MSN · 1h

Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?

President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, after years of on-and-off criticism over interest rates.

The New York Times · 17h

Trump Wants Lower Rates. Firing Powell Could Push Them Higher.

Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher returns if the central bank’s independence comes into question.

Top Fed Official Backs Jul. Rate Cut

The Associated Press on MSN · 2h

Federal Reserve's Waller says central bank should cut rates at next meeting

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, carving out a different view than that of Chair Jerome Powell, who has

The New York Times · 3h

Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure

Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait for the labor market to weaken to reduce interest rates.

Barron's on MSN · 3h

Fed Gov. Waller Makes the Case for Cutting Interest Rates in 2 Weeks

The speech comes as President Donald Trump intensifies pressure on the Fed to lower borrowing costs. Trump has repeatedly attacked Powell and has floated firing and replacing him before his term ends in May 2026. Waller, a Trump appointee, is considered a top contender for the job in part because of his dovish stance on interest rates.

2hon MSN

Jerome Powell defends $2.5B Federal Reserve renovation: ‘Good stewards of public resources’

Federal Reserve chairman Jerome Powell defended his $2.5 billion headquarters renovation project near the National Mall ...

12h

Warren goes to bat for Powell amid Trump criticism

Massachusetts Sen. Elizabeth Warren, the top Democrat on the Senate Banking Committee, offered support Wednesday for Federal Reserve Chair Jerome Powell, whose policies she frequently criticizes.

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