Trump’s case against Fed chair Powell
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4hon MSN
Unlike the Pentagon and a new weapons system that has blown through its budget, the Fed and its operations are funded differently.
As president, Donald Trump doesn't get a lot of pushback, but he got some Thursday from Federal Reserve Chairman Jerome Powell about the renovation costs of the Fed's headquarters
Fox Business on MSN1d
President Trump had Fed chair ‘dead to rights,’ says deputy chief of staffWhite House deputy chief of staff James Blair discusses President Donald Trump calling out Fed Chair Jerome Powell on the expensive renovations to Fed Reserve headquarters on 'Kudlow.'
Some Fed watchers are looking at the September FOMC meeting for the next rate cut, pending the outcome of tariff inflation and the unemployment rate. A 12-0 vote to hold interest rates steady would be a powerful signal of a strong conviction among the members of the FOMC.
Donning white hard hats for their tour of the Federal Reserve’s construction site, President Trump and Fed Chair Jerome Powell almost immediately began squabbling over the cost of the renovations. WSJ
President Donald Trump said on Friday he had a good meeting with Federal Reserve Chair Jerome Powell and got the impression that the head of the U.S. central bank might be ready to lower interest rates.