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Fed, Trump and Powell

Powell says Fed can 'wait for greater clarity' on tariffs before cutting interest rates

Fed's Powell says tariffs put its goals of low inflation and a stable economy in tension. So it will 'wait for greater clarity' before cutting rates

U.S. News & World Report · 1d

Trump Suggests He Can Remove Fed Chair Powell and Says He's 'Not Happy' With Him Over Interest Rates

President Donald Trump attacked Federal Reserve Chair Jerome Powell on Thursday for not cutting interest rates and said he could fire him if he wanted to, renewing a threat from his first term that could cause a major legal showdown over the issue of the central bank's long-standing political independence.

CNN · 10h

Trump says fed should be cutting rates, lashes out at Powell

Former IMF Chief Economist Kenneth Rogoff reacts to President Trump’s threat to fire Federal Reserve Chair Jerome Powell, warning that if Trump were to take such a step, “what we have seen so far with stocks falling would be nothing.

Trump tariffs live updates: Port fees on 'Chinese' vessels receive 6-month reprieve

President Donald Trump will meet with Italian Premier Giorgia Meloni on Thursday at the White House amid a tariff standoff with the European Union.

Trump grants military control over strip of federal land along US southern border

The order would empower troops to detain people attempting to illegally enter the U.S. within the stretch of land, which was established by President Theodore Roosevelt for border security in 1907.

AOL5d

When’s the next Federal Reserve meeting? What to expect — and how it affects your finances

The Federal Reserve meets for its second two-day rate-setting session of 2025 on Tuesday, May 6, and Wednesday, May 7, 2025. At the end of its Federal Open Market Committee session on March 19 ...

ABC News10d

Federal Reserve could be in 'difficult' spot with higher prices, slower hiring

The prospect of high inflation stemming from widespread tariffs along with weaker hiring could put the Federal Reserve in a difficult ... imports from Canada and Mexico — had already caused ...

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