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Donald Trump's past clashes with Fed Chair Jerome Powell over interest rates highlight the ongoing tension between political desires for cheap money and the central bank's need to control inflation.
If President Donald Trump were to fire Federal Reserve Chair Jerome Powell, it could have unintended and severe consequences that reverberate throughout the US economy and global markets. For now, the ...
Tensions between governments and central banks are common. Governments often prefer low interest rates for economic growth.
President Donald Trump threatened on Wednesday to fire Federal Reserve Chair Jerome Powell, citing cost overruns in Fed building renovations as a potential cause. While Trump has since played down the ...
Rep. French Hill (R-Ark.), the chairman of the House Financial Services Committee, said on Thursday that he does not “believe ...
While Trump may be denying reports he will fire Powell, reports tell a different story. Here's what Tennesseans need to know about Powell and the Fed.
Some Republican senators are cautioning President Donald Trump against firing U.S. Federal Reserve Chair Jerome Powell, saying it could potentially damage the Fed's independence.
Trump says he’d “love” for Fed Chair Jerome Powell to resign, but firing him could rattle markets. Criticism grows over rate policy, Fed HQ renovation costs.
"I don't rule out anything, but I think it's highly unlikely unless he has to leave for fraud," the US President said.
“I’d love if he wants to resign, that would be up to him. They say it would disrupt the market if I did,” Trump said in the ...