Fed, Trump and Jerome Powell
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President Trump on Thursday went on a lengthy rant about Federal Reserve Chair Jerome Powell, calling him a “numbskull” and suggested he may step in to “force something” on the Federal Reserve,
U.S. President Donald Trump on Thursday said he would not fire Federal Reserve Chair Jerome Powell, adding that he "may have to force something" as part of his ongoing push for the central bank to lower rates.
President Trump urged “numbskull” Federal Reserve chairman Jerome Powell to lower interest rates Thursday — while confirming he plans to pick a new chair when
President Donald Trump’s attack on Powell over interest rates came after Vice President JD Vance and Commerce Secretary Howard Lutnick also targeted him.
Vice President JD Vance echoed President Donald Trump's calls for the U.S. central bank to lower interest rates, saying its refusal to do so is "monetary malpractice."
President Donald Trump on Thursday dialed up pressure anew on Federal Reserve Chairman Jerome Powell to cut interest rates, with the central bank's next policy meeting looming next week. Trump has called on the Fed to cut its key policy rate by a full percentage point,
Pressure on the Fed to trim interest rates is growing. In other words, the perception that the inflation problem is solved is raising the specter of more inflation.