Trump, Federal Reserve and interest rate
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Trump, inflation and Bite
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National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about tariff-related inflation. The Fed, Hassett told CNBC, has been "very, very wrong" in its assessment of a potential resurgence of price increases.
President Trump criticized Fed Chair Jerome Powell for not cutting interest rates, calling him a “knucklehead.” Earlier, Trump had also attacked Powell over a costly Fed building renovation. Amid tariff threats and policy clashes,
Federal Reserve Chair Jerome Powell has asked the U.S. central bank's inspector general to review the costs involved in the renovation of its historic headquarters in Washington, as Trump administration officials intensify their criticism of how the Fed is being run.
1don MSN
President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise.
President Donald Trump has signaled he’s already looking to replace Federal Reserve Chair Jerome Powell far earlier than usual. Here’s how a so-called ‘shadow’ Fed would work, and why it could cause problems for markets.
Markets either don't believe the White House attempts to force out the Federal Reserve chair will succeed, or they assume it's all bluster. But there's good reason to be wary of the sort of uncertainty that renewed Fed-bashing may be building under the surface.
Calif., discusses whether Fed Chair Jerome Powell should be fired on 'Varney & Co.'
National Economic Council Director Kevin Hassett said Sunday that the president’s authority to fire Federal Reserve Chair Jerome Powell was “being looked into.”Asked in an interview on ABC News’ “This Week” whether he believes President Donald Trump has the authority to fire Powell,