fed powell interest rates

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Trump, Powell and Federal Reserve Chair

Trump has wanted to fire Federal Reserve Chair Jerome Powell. A costly Fed renovation project could provide the reason.

Now, White House officials might have found what they believe would qualify: the ballooning cost of renovating and expanding the Federal Reserve’s Washington, DC, headquarters.

· 20m · on MSN

Fed chair on edge: Who is Jerome Powell, leading the US Federal Reserve since 2018? Why Trump wants to fire him and end his streak

· 12h · on MSN

Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell

Trump urges Fed to lower interest rates

Digest more

Public Broadcasting Service (PBS) · 1d

How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision

Inflation rose 2.7 percent compared to a year ago and prices increased broadly by three-tenths of a percent last month.

· 19h · on MSN

Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing the Fed to hold off on interest rate cuts

· 1d

Trump urges Fed to lower interest rates as new inflation data shows slight rise

· 1d

Tariffs have only played a small role in rising inflation: 4 things we learned from the CPI report

Home prices and the cost of rent are rising more slowly, helping to offset any tariff-related increase in inflation.

· 1d

US inflation accelerated in June as Trump's tariffs start to bite

· 1d

US inflation accelerated last month to highest level since February

Axios on MSN1d

How the Fed sets rates — and why Powell can't move rates alone

President Trump's war on Federal Reserve chair Jerome Powell is taking on a more aggressive form, bringing Trump a step closer to trying to oust the head of the Fed. Why it matters: Trump wants Powell to cut interest rates,

1hon MSN

Republican senators caution Trump against firing Fed chair Jerome Powell

WASHINGTON -- WASHINGTON (AP) — Federal Reserve Chair Jerome Powell is gaining some key backing on Capitol Hill from GOP senators who fear the repercussions if President Donald Trump follows through with threats to try and remove the politically independent central banker.

10hon MSN

Trump told GOP lawmakers he would 'likely' fire Fed chair Powell 'soon,' sources and officials say

President Trump asked a group of Republican lawmakers how they felt about him firing Federal Reserve Chair Jerome Powell and told them he would "likely" fire Powell "soon," according to two White House officials and sources familiar with the Tuesday evening meeting.

How Trump is turning up the heat on Powell amid a push to ditch Fed independence

President Donald Trump is not a supporter of Federal Reserve Chairman Jerome Powell, and his administration is applying pressure on the central bank.

5hon MSN

The Fed Building Renovation at the Heart of Trump’s Efforts to Oust Powell

The yearslong project to spruce up central bank buildings in Washington, D.C., received little attention until recently

15don MSN

Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year

Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced rates this year if not for potential consumer price hikes.