BCA Research said that Powell and the Fed provide an opportunity to Trump in the form of "scapegoats" by shouldering the blame for trade war-inflicted economic weakness. Trump on Thursday blasted ...

Trump’s first comments on Powell came early in the day, in a social media post. But the president continued ripping into the Fed chief later Thursday, in an Oval Office meeting, piling on ...

Hassett’s exchange with the press came a day after Trump ramped up a long-simmering feud with the Fed chair, accusing Powell of “playing politics” by not cutting interest rates and asserting ...

Core PCE, which excludes food and energy, climbed 2.6%. These figures are well below the 2022 highs but still exceed the Fed's 2% target. Powell noted that inflationary progress continues "at a ...

The Fed is an independent government agency established by Congress. President Donald Trump on Thursday sharply criticized Federal Reserve Chair Jerome Powell, urging the central bank to lower ...

Trump wrote on Truth Social of Powell, whose term as chair ends in May 2026. But the attack comes at an especially fraught moment for the Fed, experts say, with the Trump administration ...

WASHINGTON, April 18 (Reuters) - White House economic adviser Kevin Hassett on Friday said President Donald Trump and his team were continuing to study if they could fire Federal Reserve Chair ...

Current CPI and PCE, the two most common measures of inflation, are, in fact, elevated where Powell says they are, and the FOMC, the Fed's committee that decides how the central rate will change ...

CHICAGO, April 16 (Reuters) - U.S. Federal Reserve Chair Jerome Powell said on Wednesday the Fed would wait for more data on the economy's direction before changing interest rates, but cautioned ...

Powell was nominated to lead the Fed by Mr. Trump in 2017 and was renominated to serve another 4-year term by President Joe Biden in November 2021. Powell's term as Fed chair ends May 15 ...

Donald Trump has feuded publicly with the Fed and its leader Jerome Powell for years. The president has repeatedly criticized Powell and urged him to lower interest rates. Trump escalated the ...

The U.S. president's comments came following Powell's remarks to the Economic Club of Chicago on April 16, when the Fed chair appointed during Trump's first term said, "Unemployment is likely to ...