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Trump’s case against Fed chair Powell

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to the central bank, calling for a rate cut. Speaking at a press conference in Washington, D.C., on Wednesday, Fed Chair Jerome Powell advocated for the independence of the Federal Reserve.

Forbes on MSN · 5d

Fed Decides Against Interest Rate Cut—But Powell Faces First Double Dissent In Decades

Bank of America indicated in a note that Powell would be in “no hurry” to cut rates in June, though disagreements among Fed staff “may start a trend of more frequent dissents” and a “more divided Fed may raise risks of a less consensus and more contentious institution.”

Fox Business on MSN · 7d

Will Powell and the Fed cut rates in response to Trump's pressure?

The Federal Reserve holds its latest interest rate meeting this week, with policymakers expecting rates to be left unchanged despite President Donald Trump's calls for interest rate cuts.

Powell Cites Inflation Risk as Fed Holds Interest Rates Steady

Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...

Did the Fed cut interest rates Wednesday? No, but here's when they might

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...

Why Wall Street’s Top Banks Don’t Think the Fed Will Cut Rates at All This Year

“Our house view continues to be that the Fed won’t cut this year, but will end up cutting more than expected next year,” Morgan Stanley strategists said. Incidentally, both banks are now at odds with ...

51m

Trump: Treasury Secretary Bessent not in running for Federal Reserve chair

President Donald Trump said during a CNBC interview that Treasury Secretary Scott Bessent told him Monday night he didn’t ...

Labor department’s data upset may have sealed the deal for a Fed interest rate cut

Until Friday, analysts had little confidence that the U.S. Federal Reserve was about to deliver an interest rate cut, but ...

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