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The Fed’s prudent “wait-and-see” approach has the White House enraged. Trump has been very vocal that the politically independent central bank needs to slash the funds rate immediately by over 3%.
President Trump could possibly fire Federal Reserve chair Jerome Powell over questions about the renovation of Fed facilities, National Economic Council director Kevin Hassett said Sunday. Why it ...
President Donald Trump keeps turning up the pressure on the Federal Reserve to lower short-term rates, publicly expressing his dissatisfaction with Chair Jerome Powell. Financial regulators are ...
The Trump administration is unlikely to follow the most important parts of this advice. But the math is undeniable.
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