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Trump, federal reserve and Jerome Powell
If Trump Tries to Fire Powell, Fed Chair Is Ready for a Legal Fight
Jerome Powell was prepared to go to court when the president floated his dismissal six years ago. If it happens again, the Fed chair might have to pay the legal tab himself.
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to trim interest rates by a quarter point from the current target range of 4.75%-5.0%. The Fed will issue its rate decision at 2 p.m. Eastern on Thursday, followed by Chair Jerome Powell's press conference at 2:30 p.m.
Fed Cuts Interest Rates Again, Powell Says He Won’t Resign if Trump Asks
The Federal Reserve lowered rates again but economists worry that Donald Trump’s victory could reignite inflation in 2025.
Fed's Powell said he won't resign if Trump asked him to: press conference
The Federal Reserves25-bp rate cut will help support the solid U.S. economy, Federal Reserve Chair Jerome Powell said on Thursday.
Federal Reserve Chairman Jerome Powell Says He Won’t Cut Term Short — Even If Trump Asks Him To Resign
The question of whether Mr. Powell might be on the chopping block should Trump serve a second term has been the subject of debate through the course
Jerome Powell was prepared to fight for his job in court when Trump mulled firing the Fed chief in 2018, report says
Trump weighed ousting Powell in 2018, but the Fed chief told then-Treasury Secretary Steven Mnuchin that he would fight his removal, according to the Wall Street Journal.
How Trump will transform banking regulation — even with Powell at the Fed
Regulatory change takes time, but Trump can make several moves immediately to gain control of bank supervision and M&A approval.
1d
on MSN
Hold Up. Fed Chair Powell Just Issued a Dour Warning on the Economy. Is the Bull Market in Trouble?
Federal Reserve Chair Jerome Powell was asked for his thoughts on large budget deficits and the rising national debt at his ...
4d
on MSN
Donald Trump Needs to Fund His Economic Boom. How Jerome Powell Could Help.
To make America great, Donald Trump will want an economic boom as his legacy. Extending his 2017 tax cuts, plus adding his ...
23h
Feisty Democratic senator mocks Trump over economy
Sen. John Fetterman, D-Pa., speaks at a campaign rally for Democratic presidential nominee Vice President Kamala Harris at Erie Insurance Arena, in Erie, Pa., Monday, Oct. 14, 2024. (AP ...
Wall Street Journal
1d
Inflation, Disney Earnings, Powell Speech: What to Watch for the Rest of the Week
Federal Reserve Chair
Jerome
Powell
is scheduled to speak on Thursday. (Alexandra Citrin-Safadi/WSJ) Reports on inflation ...
5d
on MSN
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a quarter percentage point ...
CNN on MSN
4d
Powell to Trump: Go ahead, make my day
Imagine you’re at a job you love but you have a boss you just really don’t get along with. You stick it out, though, because, ...
2d
on MSN
Economic Focus Turns Back to Inflation as Markets Try to Extend Their Trump Election Rally
Key readings on inflation for October will show whether the trend toward a lower rate of price increases will continue.
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