News

Trump warns of economic slowdown unless Fed cuts rates, triggering selloff
The U.S. economy could slow unless interest rates are lowered immediately, President Donald Trump said on Monday, repeating ...
Trump covets control of the Federal Reserve. The market wants him to back off.
The president’s fight with Fed chair Jerome Powell is about more than interest rates. It’s a grab for power over a central ...
Stocks Tumble on Weakening Economy, Tariffs and Trump Comments on Fed’s Powell
The president’s attack on the Fed and a weakening economic outlook mean more pain for the market. An index of future economic ...
The 'sell America' trade is crushing markets as Trump butts heads with the Fed
In a fresh post on Truth Social on Monday, Trump called Powell a "major loser" who's been too late in taking action to lower ...
Trump tariffs live updates: Stocks fall as Trump calls Fed chair to lower rates 'now'
Stocks were already headed for a lower open on Monday, but lost more ground following President Donald Trump's post on Truth ...
Chicago Fed chief warns: Central bank must be independent of Trump
Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.
Trump tariffs could lead to a summer drop-off in economic activity after an 'artificially high' start, Chicago Fed chief says
Chicago Fed President Austan Goolsbee said Sunday that President Donald Trump's tariffs are causing U.S. business owners to ...
Chicago Fed President Austan Goolsbee says a move by Trump to terminate Jerome Powell would ‘undermine the credibility of the Fed’
President Donald Trump said this week Fed chair Jerome Powell’s “termination cannot come fast enough.” That’s led to a debate ...