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Trump ramps up attacks on the Federal Reserve but Powell sticks to ‘wait and see’ stance
“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up pressure on individual Fed officials, such as Governor Chris Waller, who have been mentioned as potential successors to Powell, whose term ends in May 2026.
Powell Reiterates Fed Will Wait for More Data Before Cutting Rates
SINTRA, Portugal (Reuters) -U.S. Federal Reserve chair Jerome Powell reiterated the U.S. central bank plans to "wait and learn more" about the impact of tariffs on inflation before lowering interest rates, again setting aside President Donald Trump's demands for immediate and deep rate cuts.
After the widespread uncertainty caused by the tariff policy, Powell said the Fed decided the "prudent thing to do is to wait ...
Federal Reserve Chairman Jerome Powell is set to speak at a European Central Bank forum on Tuesday. The panel, which is ...
Financial market bets rose that the Federal Reserve could start interest-rate cuts as soon as this month after Fed Chair ...
Federal Reserve Chair Jerome Powell said Tuesday that the central bank would likely have already cut interest rates this year ...
The U.S. central bank would likely have begun cutting interest rates again if not for the levy plan, the Fed chief said.
Whether prices will heat up or cool down is the must-watch event for the Federal Reserve and those calling for a July rate ...
Federal Reserve Chair Jerome Powell will speak Tuesday morning from the European Central Bank’s annual retreat in Portugal, ...
1don MSN
There’s no VIP dining room, there’s no new marble. There are no special elevators,” Powell insisted under questioning from the powerful panel on Wednesday.
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