US EditionJerome Powell Defies Himself on Interest Rates - Liberty Nation News
- The Federal Reserve announced it would keep interest rates steady at 4.25% to 4.5%, meeting economists' expectations, during its June meeting.
- President Donald Trump criticized Federal Reserve Chair Jerome Powell for not lowering interest rates, referring to him as 'Too Late Powell.'
- Jerome Powell stated the Fed is awaiting more economic clarity before considering any adjustments to interest rates.
- The Federal Reserve's recent meeting revealed expectations of slowing growth and rising unemployment, with inflation still somewhat elevated.
11 Articles
11 Articles
Fed Chair Defies Trump, Holds Interest Rates Despite ‘Stupid’ Insults
Just hours before the Federal Reserve’s announcement, President Donald Trump called Fed Chair Jerome Powell “stupid” for expected plans to keep interest rates steady. But Powell stood his ground. The Federal Reserve decided to hold interest rates at their current levels, ignoring the president’s demands to lower them. Despite Trump’s public insults and pressure, the Fed made it clear that its decisions are based on data, not politics. Trump had …
Jerome Powell Defies Himself on Interest Rates - Liberty Nation News
By Andrew Moran At the June Federal Open Market Committee (FOMC) policy meeting on Wednesday, Federal Reserve officials announced that interest rates would remain unchanged, ignoring President Donald Trump’s repeated calls to lower borrowing costs. Hours before the US central bank wrapped up the highly anticipated powwow of monetary policymakers, Trump had (again!) some harsh words for Fed […]
US Central Bank Still Fears Inflation Due to Trump's Import Duties and Keeps Interest Rates the Same
The US central bank, the Federal Reserve, is leaving interest rates unchanged. So far, the damage from Trump's trade policy seems to be limited, but the...
Investment director at Sampension does not believe that continued maintenance of interest rates will be popular with Trump.
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