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Trump Appears to Suggest He Knows More About Interest Rates Than Fed's Powell
(Reuters) -U.S. President Donald Trump on Wednesday appeared to suggest he knew more about interest rates than Federal Reserve Chairman Jerome Powell and that rates should be cut. "Mortgage rates are actually down slightly even though I have a guy in the Fed that I'm not a huge fan of," Trump said at a White House event.
Trump's Clash With Fed Chair Powell Over Interest Rates Could Backfire in the Mortgage Market
On Monday morning, Trump again lashed out at Powell on his Truth Social, calling the Fed chair "a major loser" and demanding he lower interest rates "NOW." The stock market, which had begun to calm from tariff-induced panic, quickly plunged, with the S&P 500 closing down 2.3%.
President Donald Trump renewed criticism of Federal Reserve Chairman Jerome Powell as he championed his economic policies and ...
Makeup artist Charlie Hounslow's family are raising money for treatment after she was diagnosed with glioblastoma ...
Federal prosecutors allege Robert Powell, a central figure in Luzerne County’s infamous kids-for-cash scandal, owes more than ...
The well-respected Fed chair worked at the Carlyle Group under David Rubenstein for eight years before returning to public ...
Kimberly Powell's journey from computer engineering student to leading Nvidia's health care division is a case study in how ...
El presidente de Estados Unidos, Donald Trump, renovó sus críticas al presidente de la Reserva Federal, Jerome Powell, al ...
The president’s about-face on the central bank chief, following advice from his treasury and commerce secretaries, sent ...
Junior Jacob Powell hit his first home run of the season and the fourth of his career to help Doane Academy defeat Pennsauken ...
The FBI confirmed to WBIR that it was conducting "court-authorized" activity, but said no further information was available.
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