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Stocks tank after Trump goes after Fed chair

Reuters on MSN · 1h

Explainer-What's known about whether Trump can fire Powell from the Fed

President Donald Trump on Monday kept up his verbal assault on Federal Reserve Chair Jerome Powell over the Fed's refusal for now to further cut interest rates, rattling financial markets growing ever more fearful that Trump may ultimately try to fire the U.

'Powell talk rattled the markets': Stocks tank after Trump goes after Fed chair

U.S. stocks tumbled and bonds sold off Monday after President Donald Trump lobbed new insults at Federal Reserve Chair Jerome Powell, pressuring him to cut interest rates while markets are already contending with shocks from his tariff policy.

CBS News on MSN · 14h

Can Trump fire Federal Reserve Chair Jerome Powell? Here's what to know.

President Trump again lashed out at Jerome Powell, calling him a "major loser" and urging the Fed Chair to immediately cut interest rates.

5h

Fed News: Jefferson, Harker, Kashkari and More to Speak Today

Follow the latest news from the many Federal Reserve officials speaking today amid Trump's attacks on Powell and ahead of the ...

3d

To Understand Trump’s Frustration With Powell, Look At His Real Estate Loans

Trump nominated Jerome Powell to lead the Federal Reserve in 2017, then quickly turned on him. Drew Angerer/. Angered about ...

4don MSN

Jerome Powell insists the Fed’s independence is enshrined in law. The Supreme Court might change that

The independence of the U.S. Federal Reserve is often cited as a major reason America is one of the best places in the world ...

4d

Fed chair warns of high inflation and slow economic growth. What is stagflation?

Financial experts worry the tariffs will slow the economy and increase inflation, leaving the Fed in a difficult position.

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