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Donald Trump tells Jay Powell to cut rates as data raises concern for US economy
Donald Trump has called on Jay Powell, the Federal Reserve chair, to cut US interest rates, as new data showed weak private sector hiring and a contraction in the services sector, raising fears of an economic slowdown.
Fed's inflation gauge cools as Trump pressures Powell on rates
Inflation showed signs of cooling in April, with the Federal Reserve's preferred gauge falling closer to target. Yahoo Finance Senior Reporter Jennifer Schonberger joins Morning Brief to explain why the Fed is still expected to hold interest rates steady and what came out of President Trump's recent meeting with Fed Chair Jerome Powell.
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Fed Chair Jerome Powell Stresses Need for Crypto Regulation, Signals No Rush To Cut RatesFed Chair Jerome Powell reiterated the need for comprehensive crypto regulation during a central bank conference. Despite ...
US president Donald Trump has launched a fresh attack on Federal Reserve chair Jay Powell as the latest data paints a gloomy ...
Officials make clear the central bank would be a lean, mean, rate-cutting machine if the president ditched his tariffs ...
President Donald Trump faces the challenge of convincing Republican senators, global investors, voters and even Elon Musk that he won’t bury the federal government in debt with his ...
According to sources, a stern President Trump took the Fed head, Jay Powell, to the woodshed yesterday during their Oval ...
Jay Powell reaffirms the Fed's focus on maximum employment and stable prices amid slowing inflation and cautious policy ...
Thanks to massive federal intervention into the housing markets for more than 20 years, the housing crisis is worse than ever ...
The director of the Federal Housing Finance Agency (FHFA) took to social media Monday to tell Federal Reserve Chair Jerome ...
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