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Fed, Trump and Jerome Powell

Asian shares are mostly higher after Trump says he discussed firing Fed Chair Powell

Asian shares are mostly higher while U.S. futures slipped after President Donald Trump rocked Wall Street by saying he had "talked about the concept of firing" the head of the Federal Reserve.

CBS News on MSN · 13h

Trump asked GOP lawmakers if he should fire Fed Chair Jerome Powell

Washington — President Trump on Tuesday asked a group of House Republicans if he should fire Federal Reserve Chair Jerome Powell — and people in the room voiced approval. Several sources said Mr. Trump indicated he will do it. Mr. Trump on Wednesday confirmed to reporters in the Oval Office that he spoke to lawmakers about ousting Powell.

Moneycontrol · 19m

Can Trump fire Jerome Powell over Fed renovations? Here’s what the law says

President Trump has escalated his attacks on Fed Chair Jerome Powell, citing alleged mismanagement of a $2.5 billion renovation, but experts warn firing him would face serious legal hurdles.

Trump urges Fed to lower interest rates

Public Broadcasting Service (PBS) · 1d

How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision

A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of President Trump’s tariffs. It will play into decisions by the Federal Reserve about when and whether to cut interest rates and comes as the president and his team have ramped up their pressure campaign on Fed Chair Jerome Powell.

Fortune on MSN · 21h

Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing the Fed to hold off on interest rate cuts

Inflation is up, stocks are down, and more tariffs are on their way. Trump wants interest rates to come down but the direction of travel is making it less likely that the Fed will deliver the cuts he wants.

Trump urges Fed to lower interest rates as new inflation data shows slight rise

President Trump is urging the Federal Reserve to lower interest rates following the release of Consumer Price Index (CPI) data for June, which shows a 0.3% increase. CBS News MoneyWatch correspondent Kelly O'Grady has the latest.

Axios on MSN1d

How the Fed sets rates — and why Powell can't move rates alone

President Trump's war on Federal Reserve chair Jerome Powell is taking on a more aggressive form, bringing Trump a step ...

10h

Trump has wanted to fire Federal Reserve Chair Jerome Powell. A costly Fed renovation project could provide the reason.

The White House is looking for any possible way to discredit Jerome Powell right now," said Stephen Moore, an informal Trump ...

13hon MSN

Trump eyes opportunity to oust Powell in $700 million overrun on Fed building extension

When a reporter asked if the expensive renovation was a fireable offense, Trump replied, “I think it sort of is." ...

7hon MSN

The Fed Building Renovation at the Heart of Trump’s Efforts to Oust Powell

The yearslong project to spruce up central bank buildings in Washington, D.C., received little attention until recently ...

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