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Trump’s case against Fed chair Powell

ABC News on MSN · 4d

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to the central bank, calling for a rate cut. Speaking at a press conference in Washington, D.C., on Wednesday, Fed Chair Jerome Powell advocated for the independence of the Federal Reserve.

Forbes on MSN · 4d

Fed Decides Against Interest Rate Cut—But Powell Faces First Double Dissent In Decades

Bank of America indicated in a note that Powell would be in “no hurry” to cut rates in June, though disagreements among Fed staff “may start a trend of more frequent dissents” and a “more divided Fed may raise risks of a less consensus and more contentious institution.”

Washington Examiner on MSN · 2d

Trump calls on Fed board to assume control if Powell refuses to lower interest rates again

President Donald Trump called on the board of the Federal Reserve to take control from Chairman Jerome Powell if interest rates are not lowered. After a brief display of public friendliness, Trump resumed his rhetorical offensive against Powell on Wednesday after he announced that the Fed would not lower interest rates.

4don MSN

Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands

The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...

20m

Labor department’s data upset may have sealed the deal for a Fed interest rate cut

Until Friday, analysts had little confidence that the U.S. Federal Reserve was about to deliver an interest rate cut, but ...

8mon MSN

Trump Implies Departing Kugler Agreed With Him on Fed Policy. Her Speeches Suggest Otherwise.

President Donald Trump suggested late Sunday that Federal Reserve Gov. Adriana Kugler, who announced her surprise resignation ...

4d

Powell Cites Inflation Risk as Fed Holds Interest Rates Steady

Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...

4d

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...

22h

Mortgage Interest Rates Today: Mortgage Rates Dip Slightly Even as Fed Holds Steady on Cuts

The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...

1don MSN

Trump promises lower interest rates. But he doesn't have that power

Former President Donald Trump promised to lower interest rates if reelected. But the Fed, which sets the key rate, operates ...

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