Trump is trying to ‘cajole’ Powell to lower interest rates
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1hon MSN
Trump is trying to ‘cajole’ Powell to lower interest rates: Commerce Secretary Howard Lutnick
Commerce Secretary Howard Lutnick discusses how President Donald Trump and Federal Reserve Chair Jerome Powell’s sparred over renovation costs for the ‘Fed Mahal’ on ‘The Ingraham Angle.’
Trump is fed up with Powell, but experts say Americans seeking cheaper interest rates and lower prices shouldn’t be rooting for the Fed chair to be forced into an early exit.
Federal Reserve Chair Jerome Powell is facing pressure from all sides as the Fed’s banking regulation conference kicks off this week. President Trump has been threatening to fire Powell while
The Federal Reserve’s independence from political interference, viewed as sacrosanct inside the central bank, is under siege.
On July 29-30, the Federal Open Market Committee will announce its interest rate policy. Read about the rumors that Fed Chair Powell will not likely address.