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Trump Lashes Out At Jerome Powell
Trump accuses Fed, Powell of creating inflation on heels of rate decision
Trump, who appointed Jerome Powell as Fed chair, has called for lower interest rates and said the president should get a say on the Fed's rate decisions.
Trump Lashes Out At Jerome Powell After Fed Doesn’t Cut Interest Rates
Trump’s blasting of the Federal Reserve and Jerome Powell came just hours after the announcement that interest rates would stand at 4.25% to 4.5%.
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and rising inflation risks. Jerome H. Powell, the Fed chair, said the central bank was not on a “pre-set course.
PCE Inflation Accelerated
The Fed’s Preferred Inflation Measure Ticked Up Slightly in December
The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
PCE Inflation Accelerated in December
The measure of price increases targeted by the Fed sped up in December, reflecting a stubborn spell of inflation that remains modestly higher than the central bank’s target.
PCE Report Shows Fed's Favorite Inflation Measure Accelerated In December
Key Takeaways Inflation, as measured by Personal Consumption Expenditures, rose 2.6% over the year in December, up from 2.4% in November and in line with forecasts.As the Federal Reserve's goal of a 2% annual rate fades into the distance,
4m
on MSN
Inflation ticked higher last month, in latest sign of persistent price pressures
An inflation gauge closely watched by the Federal Reserve rose slightly last month, the latest sign that some consumer prices ...
1d
Powell Says Change in Statement Language on Inflation Isn’t a Signal
Fed Chair Jerome Powell said Wednesday that he continues to look at the overall progress that inflation has made in moving ...
1d
Powell Says Fed Is Meaningfully Above Neutral Rate
Powell made clear that Fed policymakers are in no rush to reduce interest rates further, after lowering borrowing costs by a ...
1d
on MSN
Trump: Fed failed to beat inflation, 'I will do it'
The president’s post suggests that he intends to continue his criticism of Fed Chair Jerome Powell on social media, which ...
8h
on MSN
Donald Trump is waging a very public war on Jerome Powell—so why hasn’t he picked up the phone?
President Trump has a lot to say about FOMC chairman Jerome Powell—and yet it seems he won't take his fight directly to the ...
1d
on MSN
Trump claims Jerome Powell was too busy with DEI and climate change to rein in inflation
President Donald Trump is renewing his old attacks on the Federal Reserve and its chair, Jerome Powell, after the independent ...
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