News

White House ramps up pressure on Fed's Powell three weeks before next interest rate decision
President Donald Trump’s pressure campaign against the Federal Reserve and Chair Jerome Powell to lower interest rates ...
Trump official criticizes Fed chief Powell as Trump takes aim over interest rates
A top White House budget official said President Trump is "troubled" by Federal Reserve chair Jerome Powell's management, as ...
Trump administration ramps up pressure on Powell as Fed holds rates steady
President Donald Trump has frequently voiced dissatisfaction with the Fed’s “wait-and-see" approach to lowering interest rates under Powell.
Fed Governor Waller favors cutting interest rates in July and continued shrinking of balance sheet
Federal Reserve Governor Chris Waller said on Thursday said he favors cutting the Fed's policy rate in July. He also ...
Why Trump might not get rapid interest-rate cuts even after he replaces Fed chief Powell
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But ...
Trump Wants a 3-Point Fed Rate Decrease. But You Can't Always Get What You Want.
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel ...
New Tariffs Muddy Inflation Outlook, Says Chicago Fed President
The latest round of tariff threats from President Trump could spark fresh concerns about inflation, which might force the ...
Fed is in 'wait and see' mode on rate cuts, says former Fed Vice Chair Richard Clarida
Richard Clarida, former Federal Reserve Vice Chairman and current global economic advisor at PIMCO, joins CNBC's "Closing ...