US EditionTrump Ramps up Attacks on the Federal Reserve but Powell Sticks to ‘Wait and See’ Stance
UNITED STATES, JUL 1 – President Trump demands Federal Reserve rate cuts to lower government borrowing costs and spur growth despite Chair Powell's cautious stance amid persistent inflation risks.
- Federal Reserve Chair Jerome Powell is sticking to his policy of keeping interest rates unchanged despite President Trump's repeated calls for rate cuts.
- Powell said the Fed will wait to see the impact of Trump's tariffs on the economy before making any changes to interest rates.
- Trump has attacked Powell and other Fed officials, accusing them of hampering economic growth by not lowering interest rates.
130 Articles
130 Articles
Jonathan Levin: Powell’s caution on tariff-driven inflation is right
President Donald Trump has taken to routinely maligning Federal Reserve Chair Jerome Powell as “too late” because interest rates have been on hold at 4.25%-4.5% since he took office. On Tuesday alone, he characteristically took to social media to demand three percentage points of rate cuts — something that is never going to happen outside of a recession. Trump’s needling aside, the latest inflation data show that Powell’s wait-and-see approach i…
It Will Take More Than Low Interest Rates To Make Houses Affordable - LewRockwell
On Tuesday, the yield on the 10-year Treasury surged nearly 10 basis points in a few hours, rising above 4.49 percent. The rising yield came after the release of new price-inflation data showing that CPI growth had hit a five-month high and remained well above the Federal Reserve’s two-percent target for price inflation. Rising yields often indicate that bond investors believe price inflation will continue to grow, so it was probably no coincide…
Trump’s withering criticism of Powell puts Fed decisions under microscope - West Hawaii Today
President Donald Trump’s relentless attacks on the Federal Reserve and its chair, Jerome Powell, have put the central bank under intense scrutiny as it grapples with when and by how much to cut interest rates again after a long pause.
Former Fed governor says Trump is right to be frustrated with Powell's restrictive policies
Former Federal Reserve Governor Kevin Warsh said the U.S. economy could grow tremendously, but "bad" policies by the Federal Reserve are keeping it from doing so.Warsh told "Kudlow" host Larry Kudlow that he had "some sympathy" for President Donald Trump being frustrated with how Federal Reserve Chair Jerome Powell and the central bank have been handling interest rates."Economic growth in the U.S. is poised to boom, but it’s being held down by b…
Low Rates, High Stakes: How Trump Could Reignite Inflation
President Trump thinks America deserves to have the same low central-bank interest rates as Switzerland does. He recently put a number on what he envisions, ‘encouraging’ the Fed to lower its funds rate to 1-2% from today’s 4.33%. This would require a major expansion of the U.S. money supply. You don’t have to be an economist to understand the close connection between money printing and inflation, but unfortunately, it seems as though Trump ign…
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