Powell says Fed is ‘well positioned’ for the ‘risks and uncertainties’ ahead
1 month, 2 weeks ago

Powell says Fed is ‘well positioned’ for the ‘risks and uncertainties’ ahead

LA Times  

Federal Reserve Chair Jerome H. Powell, shown at a news conference in January, told lawmakers Tuesday that the Fed is prepared to keep its key interest rate unchanged for now. Powell’s appearance comes with inflation still above the Fed’s 2% target and the Trump administration upending many longtime U.S. policies by imposing tariffs on steel and aluminum and seeking to cut government spending drastically. Powell said that it was “fair to take a fresh look at debanking.” Powell did not mention Trump’s tariffs and other policy changes in his statement but said that the Fed is “well positioned to deal with the risks and uncertainties that we face.” The Fed chair also said the central bank has launched a second review of its policy strategies and its communications tools. Last Friday, Fed Board of Governors member Adriana Kugler said that the labor market was “stable” and that “gives us a little bit of time to make some decisions.” She added that potential policy changes from the Trump administration have added uncertainty to the outlook for the economy.

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History of this topic

Tariffs give the Fed an inflation foil
1 week, 3 days ago

Tariffs give the Fed an inflation foil

Live Mint  

President Trump likes to blame Federal Reserve Chairman Jerome Powell for any trouble in the economy, but on Wednesday Mr. Powell was able to blame Mr. Trump’s tariffs for at least some of an anticipated inflation rebound. Instead, Mr. Powell shifted the focus to the tariffs Mr. Trump keeps threatening against all and sundry as an explanation for whatever might …

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold
Trending News
1 week, 3 days ago

With outlook uncertain, the Bank of England joins the US Fed in putting interest rates on hold

Associated Press  

LONDON — The Bank of England kept its main U.K. interest rate unchanged at 4.50% on Thursday even though the economy is barely growing and the nation faces more uncertainty in light of the tariff policies being enacted by the Trump administration in the U.S. The decision by the nine-member Monetary Policy Committee was widely expected, and comes a day …

Sensex, Nifty opening today: Will market react to US Fed interest rate decision?
1 week, 4 days ago

Sensex, Nifty opening today: Will market react to US Fed interest rate decision?

India Today  

Sensex and Nifty are set to open higher on Thursday, continuing their positive momentum for the fourth straight session. The market is expected to react to the US Federal Reserve’s decision to keep interest rates unchanged while maintaining its projection for rate cuts later this year. The US Federal Reserve has decided to keep interest rates steady, maintaining its benchmark …

US Fed keeps interest rates unchanged: Key takeaways from the meeting
1 week, 4 days ago

US Fed keeps interest rates unchanged: Key takeaways from the meeting

India Today  

The US Federal Reserve has decided to keep interest rates steady, maintaining its benchmark rate in the range of 4.25-4.50%. Here are the key takeaways from the meeting: INTEREST RATES UNCHANGED The Federal Open Market Committee voted to keep interest rates unchanged. The Fed had previously signalled that it could consider rate cuts in 2025, but policymakers are closely watching …

Federal Reserve keeps interest rate unchanged, sees slower growth and higher inflation
1 week, 4 days ago

Federal Reserve keeps interest rate unchanged, sees slower growth and higher inflation

Firstpost  

The Federal Reserve kept its benchmark interest rate unchanged Wednesday and signaled that it still expects to cut rates twice this year, though it said the outlook is more uncertain US Federal Reserve Chair Jerome Powell holds a press conference after the Monetary Policy Committee meeting, at the Federal Reserve in Washington, DC on Wednesday. AFP The Federal Reserve kept …

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos
1 week, 5 days ago

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos

CNN  

Washington CNN — The Federal Reserve on Wednesday kept interest rates unchanged as central bank officials weigh the impact of President Donald Trump’s aggressive economic agenda. Fed Chair Jerome Powell in his post-meeting news conference acknowledged the high level of uncertainty among American consumers and businesses — a lot of it stemming from the Trump administration’s “turmoil,” he said. Powell …

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos
1 week, 5 days ago

Key takeaways from the Fed’s decision to hold interest rates steady amid Trump’s tariff chaos

CNN  

Washington CNN — The Federal Reserve on Wednesday kept interest rates unchanged as central bank officials weigh the impact of President Donald Trump’s aggressive economic agenda. Fed Chair Jerome Powell in his post-meeting news conference acknowledged the high level of uncertainty among American consumers and businesses — a lot of it stemming from the Trump administration’s “turmoil,” he said. Powell …

Wall Street holds steadier following weeks of scary swings
2 weeks ago

Wall Street holds steadier following weeks of scary swings

India Today  

U.S. stocks are holding steadier Monday, and the market’s scary roller-coaster ride from recent weeks is slowing. The calm trading may be short-lived, though, with a decision by the Federal Reserve on interest rates coming later in the week and worries continuing about President Donald Trump’s trade war. “In our view, this morning’s February retail sales report offers evidence of …

US Fed likely to keep rates steady as Trump uncertainty flares
2 weeks ago

US Fed likely to keep rates steady as Trump uncertainty flares

Raw Story  

The US Federal Reserve is widely expected to keep interest rates unchanged at its policy meeting this week, treading carefully amid uncertainty over President Donald Trump's economic policies, which include spending cuts and sweeping tariffs. "Recent Fed commentary has reinforced a wait-and-see approach, with officials signaling little urgency to adjust policy as they assess the economic impact of recent policy …

Powell says Fed marking time to see economic impact of Trump policies
Trending News
3 weeks, 2 days ago

Powell says Fed marking time to see economic impact of Trump policies

Live Mint  

March 7 - The U.S. central bank will be in no rush to cut interest rates while it waits for more clarity on how the policies of the new Trump administration affect the economy, Federal Reserve Chair Jerome Powell said at an economic forum in New York City on Friday. MARKET REACTION: STOCKS: The S&P 500 pared a loss and …

Fed Chair Powell says interest rates on hold with economic uncertainty widespread
3 weeks, 2 days ago

Fed Chair Powell says interest rates on hold with economic uncertainty widespread

Associated Press  

NEW YORK — The Federal Reserve is likely to keep its key interest rate unchanged in the coming months as it waits for widespread “uncertainty” stemming from President Donald Trump’s policies to resolve, Chair Jerome Powell said Friday at a conference in New York. Powell said the Trump administration is making policy changes in several areas, including trade, taxes, government …

Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos
Trending News
3 weeks, 3 days ago

Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos

CNN  

Washington CNN — America is feeling uneasy about the Trump administration’s rapid-fire trade policy changes, but Federal Reserve Chair Jerome Powell said Friday he’s not worried. America’s souring economic mood comes at a time when the US economy has shown early signs of slowing, but also of stubbornly elevated inflation — a toxic combination sometimes referred to as stagflation. Factoring …

Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos
3 weeks, 3 days ago

Fed Chair Powell says he’s not worried about the economy amid Trump’s tariff chaos

CNN  

Washington CNN — America is feeling uneasy about the Trump administration’s rapid-fire trade policy changes, but Federal Reserve Chair Jerome Powell said Friday he’s not worried. Factoring in Trump’s uncertainty Fed policymakers manage uncertainty by trying to predict the different ways the economy could evolve in the coming months, based on economic models using a vast array of data. “I’d …

US Fed Meeting Minutes: Officials signal caution on interest rate amid inflation concerns
Trending News
1 month, 1 week ago

US Fed Meeting Minutes: Officials signal caution on interest rate amid inflation concerns

Live Mint  

US Federal Reserve officials remain cautious about adjusting interest rates, emphasizing the need for further progress on inflation before making any changes, minutes from the Federal Open Market Committee’s January 28-29 meeting showed, according to a Bloomberg report. “Participants indicated that, provided the economy remained near maximum employment, they would want to see further progress on inflation before making additional …

Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts
1 month, 1 week ago

Federal Reserve officials see risks of higher inflation ahead, support pause in rate cuts

Associated Press  

WASHINGTON — Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept their benchmark interest rate unchanged. According to minutes of the Jan. 28-29 meeting, which were released Wednesday, Fed officials said that President Donald Trump’s proposed tariffs and mass deportations of migrants, as well as strong consumer spending, …

Powell says Trump’s comments won’t affect interest rate decisions by the Fed
Trending News
1 month, 2 weeks ago

Powell says Trump’s comments won’t affect interest rate decisions by the Fed

Associated Press  

WASHINGTON — Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions. !” Yet Powell indicated during a press conference last month that the Fed, after cutting its key rate three times late last year, would hold off on further cuts as it waited …

Powell says Fed doesn’t need to rush on rate cuts
1 month, 2 weeks ago

Powell says Fed doesn’t need to rush on rate cuts

Live Mint  

WASHINGTON—Federal Reserve Chair Jerome Powell delivered a simple message to Congress to start two days of testimony on Tuesday: Because the economy is doing well, the Fed can take its time to decide when and whether to lower interest rates. Powell defended last year’s rate cuts as a needed recalibration of its policy stance to account for improvement on inflation …

‘US Fed ‘well positioned’ for risks amid Trump tariffs’: Jerome Powell reiterates ‘go-slow’ approach on rate cuts
1 month, 2 weeks ago

‘US Fed ‘well positioned’ for risks amid Trump tariffs’: Jerome Powell reiterates ‘go-slow’ approach on rate cuts

Live Mint  

US Federal Reserve Chair Jerome Powell reaffirmed the central bank’s cautious stance on interest rates during his testimony before Congress on Tuesday, stating that inflation remains elevated while the job market remains strong. Higher interest rates could prolong elevated mortgage rates and borrowing costs, though long-term Treasury yields, which influence mortgage rates, move independently of Fed decisions. Impact of Trump …

Jerome Powell says Fed 'well positioned' for 'risks' that lie ahead, will not change key interest rate
Trending News
1 month, 2 weeks ago

Jerome Powell says Fed 'well positioned' for 'risks' that lie ahead, will not change key interest rate

Hindustan Times  

The Federal Reserve is prepared to keep its key interest rate unchanged for now as inflation remains elevated and the job market is solid, Chair Jerome Powell said Tuesday on the first of a two-day appearance before Congress. Powell’s appearance comes with inflation still above the Fed’s 2% target and the Trump administration is upending many long-time U.S. policies by …

Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
1 month, 2 weeks ago

Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill

Associated Press  

WASHINGTON — The odds of further interest rate cuts this year by the Federal Reserve dwindled last week as unemployment fell and more officials say they want to see how new policies from the White House affect the economy. On Friday, Fed governor Adriana Kugler said that the labor market was “stable” and that “gives us a little bit of …

Trump lashes out at a favorite nemesis: The Federal Reserve
2 months ago

Trump lashes out at a favorite nemesis: The Federal Reserve

Live Mint  

President Trump picked right up where he left off during his first term, badgering a favorite nemesis—the Federal Reserve and its chair, Jerome Powell—over its recent performance managing inflation and interest rates. During Trump’s first term, Powell erected guardrails to protect the Fed’s autonomy to set interest rates as it deemed fit—its so-called “independence"—by cultivating allies on Capitol Hill and …

US Fed: Rates on hold, inflation, policy uncertainty mount; what it means for Indian investors
2 months ago

US Fed: Rates on hold, inflation, policy uncertainty mount; what it means for Indian investors

Live Mint  

After a two-day Federal Open Market Committee meeting, the US Federal Reserve announced on January 29 that interest rates would remain unchanged at 4.25-4.50 per cent at this juncture. Amid US President Donald Trump's call to "Make in America", costs for US companies will rise due to elevated rates, affecting global trade. "It seems that interest rates are likely to …

Federal Reserve keeps interest rates unchanged in unanimous decision
Trending News
2 months ago

Federal Reserve keeps interest rates unchanged in unanimous decision

Deccan Chronicle  

The US Federal Reserve has decided to maintain its key interest rate unchanged, holding the target range for the federal funds rate at 4.25 per cent to 4.5 per cent.The decision comes as the central bank assesses the current state of the US economy, which remains strong despite some inflationary pressures.Chair Jerome Powell, addressing the press after the Federal Open …

‘Terrible job’: US President Donald Trump blasts Fed’s handling of inflation after unchanged interest rates decision
Trending News
2 months ago

‘Terrible job’: US President Donald Trump blasts Fed’s handling of inflation after unchanged interest rates decision

Live Mint  

US President Donald Trump sharply criticised the Federal Reserve's approach to bank regulation, accusing Chair Jay Powell of mishandling the battle against inflation. In a bold statement, US President Trump outlined his plans to tackle inflation and revitalise the American economy, criticising the Federal Reserve's handling of the situation. He emphasised that, unlike the Fed’s focus on what he termed …

The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well
2 months ago

The Federal Reserve ignored Trump’s interest rate demands — and he’s not taking it well

CNN  

New York CNN — The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates. “But restoring price stability when inflation is high can require measures that are not popular in the short term as we raise interest rates to slow …

Fed leaves rates unchanged, sees no hurry to cut again
Trending News
2 months ago

Fed leaves rates unchanged, sees no hurry to cut again

Live Mint  

* US central bank leaves policy rate in 4.25%-4.50% range * Officials still waiting for clarity on Trump policies * 'We do not need to be in a hurry,' Powell says By Howard Schneider, Michael S. Derby WASHINGTON, Jan 29 - The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would …

Federal Reserve boss Jerome Powell defies Trump as US central bank leaves rates on hold
2 months ago

Federal Reserve boss Jerome Powell defies Trump as US central bank leaves rates on hold

Daily Mail  

The US Federal Reserve chief Jerome Powell last night defied Donald Trump as the central bank left interest rates on hold and said that it was in no hurry to make further cuts. And he mounted a robust defence of the Fed’s independent decision-making, saying: ‘Don’t look for us to do anything else.’ In its first rates decision since Trump’s …

US Federal Reserve doesn’t 'need to be in hurry' to lower interest rates, says Jerome Powell
2 months ago

US Federal Reserve doesn’t 'need to be in hurry' to lower interest rates, says Jerome Powell

Hindustan Times  

Federal Reserve Chair Jerome Powell said officials are not in a rush to lower interest rates, adding the central bank is pausing to see further progress on inflation following a string of rate reductions last year. “We need to let those policies be articulated before we can even begin to make a plausible assessment of what their implications for the …

US Federal Reserve keeps interest rates unchanged, says decision was ‘unanimous’
Trending News
2 months ago

US Federal Reserve keeps interest rates unchanged, says decision was ‘unanimous’

Hindustan Times  

The US Federal Reserve on Wednesday decided to keep the interest rate cuts unchanged in its first major decision under President Donald Trump's second term. The Fed Reserve said that the interest rate will remain unchanged in the 4.25-4.50% range, noting that inflation remains "somewhat elevated, and economic outlook is uncertain". The Fed statement does not include the language that …

US Federal Reserve meeting today: Under pressure from Donald Trump, will Jerome Powell hold interest rates?
Trending News
2 months ago

US Federal Reserve meeting today: Under pressure from Donald Trump, will Jerome Powell hold interest rates?

Hindustan Times  

The US Federal Reserve is set to announce its first monetary policy decision of 2025 on Wednesday that will also be the first time under the new Donald Trump administration. FILE PHOTO: US President Donald Trump looks on as Jerome Powell, his then-nominee to lead the US Federal Reserve, speaks at the White House in Washington DC in November 2017. …

Mint Quick Edit | Trump versus Powell on US Fed policy
2 months ago

Mint Quick Edit | Trump versus Powell on US Fed policy

Live Mint  

Whether US President Donald Trump can bend America’s central bank to his will has been a subject of feverish global speculation. The Federal Reserve has autonomy, of course and, as its current chairperson Jerome Powell mentioned in a recent media interface, the White House cannot fire him under the law before his term ends in 2026. While the Fed did …

Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
2 months ago

Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump

Associated Press  

WASHINGTON — The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of a more cautious approach as the Fed seeks to gauge where inflation is headed and what policies President Donald Trump may pursue. In a statement, the Fed said the job market is “solid,” and noted …

US Fed leaves rates unchanged, says uncertainty from potential tariffs
2 months ago

US Fed leaves rates unchanged, says uncertainty from potential tariffs

Al Jazeera  

US Fed is in a holding pattern as it awaits more inflation and jobs data and clarity on President Donald Trump’s tariffs. After several months in which inflation data has largely moved sideways, the US central bank dropped from its latest policy statement language saying that inflation “has made progress” towards the Fed’s 2 percent inflation goal, noting only that …

The Federal Reserve holds interest rates steady as inflation remains stubborn
2 months ago

The Federal Reserve holds interest rates steady as inflation remains stubborn

NPR  

The Federal Reserve holds interest rates steady as inflation remains stubborn toggle caption Andrew Caballero-Reynolds/AFP The Federal Reserve held interest rates steady Wednesday as it seeks to curb stubborn inflation. Sponsor Message While the decision to leave rates unchanged was widely expected, it sets up a potential clash with President Trump, who told reporters earlier this month that he believes …

Fed pauses interest rate cuts. What happens next may depend on Trump
2 months ago

Fed pauses interest rate cuts. What happens next may depend on Trump

LA Times  

President Trump nominated Jerome Powell to be the Fed chair in 2017 but frequently criticized him for not lowering interest rates in Trump’s first term. After three successive interest rate cuts, the Federal Reserve on Wednesday made no change in its benchmark lending rate amid new economic uncertainties over the outlook for inflation and President Trump’s continued threats of new …

Federal Reserve expected to stand pat on rates even as Donald Trump demands cuts
2 months ago

Federal Reserve expected to stand pat on rates even as Donald Trump demands cuts

The Hindu  

The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates. Some officials, including Beth Hammack, president of the Fed’s Cleveland branch, have argued that the persistence of inflation means the Fed should keep its key rate …

Federal Reserve expected to stand pat on rates even as Trump demands cuts
2 months ago

Federal Reserve expected to stand pat on rates even as Trump demands cuts

Associated Press  

WASHINGTON — The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates. Trump, last Thursday, made clear he expects to comment on interest-rate policy and said, “I know interest rates much better than they do.” At …

Donald Trump hits out at US Federal Reserve Chairman Jerome Powell: ’I know interest rates better’
2 months ago

Donald Trump hits out at US Federal Reserve Chairman Jerome Powell: ’I know interest rates better’

Live Mint  

US Fed vs Donald Trump: The US Federal Reserve is just a few days away from unveiling its first monetary policy decision for 2025, however US President Donald Trump has claimed that ‘he understands monetary policy and interest rates better than those charged with setting it’. Donald Trump on US Fed rate cuts At a White House event following those …

No, Jerome Powell Isn’t Playing Politics
2 months, 2 weeks ago

No, Jerome Powell Isn’t Playing Politics

Live Mint  

-- Today’s Points: Powell’s Staying the Course Investors’ hopes for rate cuts this year have faded. The past quarter’s economic data showed that the inflation battle is not over; whether the Fed eases now depends on the data, a point Jerome Powell and the Federal Reserve have repeated ad nauseam. There are legitimate reasons to question central banking independence as …

The Fed’s Uniformity on Rates Comes With Risks
2 months, 2 weeks ago

The Fed’s Uniformity on Rates Comes With Risks

Live Mint  

-- Whether traditionally thought of as “hawks” or “doves,” Federal Reserve officials have recently converged to notable uniformity in their policy signaling of high interest rates for longer. Shaken by a string of hotter-than-expected readings for all the major inflation measures in the first quarter, Fed officials have become more cautious about their previous expectations for continuously softening price pressures. …

The Fed is trying—again—to size up Trump
3 months ago

The Fed is trying—again—to size up Trump

Live Mint  

Federal Reserve Chair Jerome Powell is walking an old tightrope into 2025: He is trying to avoid appearing confrontational with Donald Trump, even though some of his colleagues are signaling unease that the president-elect’s policies might rekindle inflationary pressures. Political antennae Powell said at a news conference last week that some officials accounted for potential policy changes in their new …

Does the Fed even know what it’s trying to do?
3 months, 1 week ago

Does the Fed even know what it’s trying to do?

Live Mint  

We might as well confront it head-on: What the Federal Reserve did this week doesn’t make any sense. The Federal Open Market Committee on Wednesday cut the target range for the Fed funds rate by one-quarter percentage point, to 4.25% to 4.5%, its third consecutive rate reduction. Because the first, in September, was a “jumbo" half-percent cut, the central bank’s …

The US Fed seems as clueless as markets about its policy path from here on
3 months, 1 week ago

The US Fed seems as clueless as markets about its policy path from here on

Live Mint  

In normal times, the conduct of monetary policy is like driving a car through a fog of uncertainty. The median forecaster on the Fed’s rate-setting panel projects that inflation progress will slow meaningfully in 2025, and that the central bank will cut rates just two more times by next December. But among the 19 Fed board members and Federal Reserve …

US Federal Reserve lowers interest rates, signals slower cuts for 2025
Trending News
3 months, 1 week ago

US Federal Reserve lowers interest rates, signals slower cuts for 2025

India TV News  

The Federal Reserve cut its benchmark interest rate by a quarter for the third consecutive time. Future outlook: Moderate reductions expected by 2025 Another quarterly outlook indicated only two rate cuts in 2025, with officials predicting government rates to reach 3.75 per cent-4 per cent by the end of that year. Fed Governor Michelle Bowman warned that inflation would remain …

US Fed meeting: What policy decisions to expect? Where to watch live?
3 months, 1 week ago

US Fed meeting: What policy decisions to expect? Where to watch live?

Hindustan Times  

The US Federal Reserve Chairman Jerome Powell will announce key policy decisions on Thursday after a two-day Federal Open Market Committee meeting. U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington. Experts would “As you get closer to the upper bound of …

The Federal Reserve takes on Trump—and stubborn inflation
3 months, 2 weeks ago

The Federal Reserve takes on Trump—and stubborn inflation

Live Mint  

A lot is riding on the numbers after the decimal point. In such a scenario, Mr Trump would presumably be satisfied enough with the central bank that he would feel little compulsion to snipe at Jerome Powell, the Fed’s chairman, or, worse, to start a legal battle by trying to oust Mr Powell before his term expires in May 2026. …

Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated
3 months, 2 weeks ago

Federal Reserve is likely to slow its rate cuts with inflation pressures still elevated

Associated Press  

WASHINGTON — Americans hoping for lower borrowing costs for homes, credit cards and cars may be disappointed after this week’s Federal Reserve meeting. The Fed’s policymakers are likely to signal fewer interest rate cuts next year than were previously expected. Instead, inflation has become stuck at a higher level, yet the Fed after Wednesday’s meeting will likely have lowered its …

Donald Trump says he has no plans to replace Jerome Powell as Fed Chair
3 months, 3 weeks ago

Donald Trump says he has no plans to replace Jerome Powell as Fed Chair

Hindustan Times  

President-elect Donald Trump said he has no plans to replace Fed Chair Jerome Powell once he returns to the White House, saying “I don’t see it.” Trump has previously said he should have a say in monetary policy and the setting of interest rates. “I think if I told him to, he would,” Trump said on NBC’s Meet the Press, …

Why Trump and the Federal Reserve could clash in the coming years
3 months, 3 weeks ago

Why Trump and the Federal Reserve could clash in the coming years

The Hindu  

President-elect Donald Trump campaigned on the promise that his policies would reduce high borrowing costs and lighten the financial burden on American households. During his first term, Mr. Trump repeatedly and publicly ridiculed the Powell Fed, complaining that it kept interest rates too high. And even if Powell reduces the Fed's benchmark rate, Mr. Trump's own policies could keep other …

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