Trump, Powell and Federal Reserve
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President Trump has backed off of his threats to fire Federal Reserve Chair Jerome Powell — for now. The president appeared to reach a breaking point with Powell last week when he told Republican
President Donald Trump is once again intensifying his calls for interest rate cuts while lobbing insults at the source of his frustration, Fed Chairman Jerome Powell. Natasha Sarin discusses the potential impact of Trump firing Powell and the importance of keeping the Federal Reserve nonpartisan.
President Donald Trump may be turning up the heat on the Federal Reserve, but he won’t dare pull the trigger on Chair Jerome Powell’s job because the market
The president has accused Powell of being political and nicknamed him “too late” when it came time to adjusting interest rates.
Wall Street appears calm after President Donald Trump walked back his earlier threats to fire Federal Reserve Chair Jerome Powell.
The Wall Street Journal, owned by Rupert Murdoch’s News Corp, has published a biting editorial attacking President Donald Trump after his threat to fire Federal Reserve Chair Jerome Powell. On Wednesday, in his latest attack on the Fed chief, Trump complained that Powell was doing a “lousy job” and not doing enough to lower interest rates.
President Trump has become more hostile to the Federal Reserve’s chair. Markets aren’t worried yet, but some on Wall Street are getting more concerned.
WSJ’s Meridith McGraw breaks down the awkward exchange between President Trump and Fed Chair Jerome Powell, following weeks of Trump steadily badgering the Fed leader. Photo: Kent Nishimura/Reuters