Fed, Trump and interest rates
Digest more
The Fed has held its benchmark interest rate between 4.25% and 4.5% this year, though officials have penciled in two cuts by year-end.
The week was a whirlwind of news, with former President Donald Trump at the center of several controversial stories. From his criticism of Federal Reserve Chair Jerome Powell to the discovery of his name in the late financier Jeffrey Epstein’s files,
1d
GZERO Media on MSNWhy is Trump threatening the Fed, and why does it matter?On Thursday afternoon, just before golden hour, President Donald Trump threw a white hardhat over his flaxen coif and strode into the Federal Reserve building on Constitution Avenue.
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
Federal Reserve Chair Jerome Powell intends to ignore Donald Trump’s constant calls for him to resign, believing that doing so would damage the independence of the U.S. central bank, according to a new report.