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Trump ramps up attacks on the Federal Reserve but Powell sticks to ‘wait and see’ stance
“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up pressure on individual Fed officials, such as Governor Chris Waller, who have been mentioned as potential successors to Powell, whose term ends in May 2026.
The Fed chief’s comments came as the president continues to hammer the central bank for not decreasing borrowing costs.
Fed Chair says US interest rates would be lower if not for the inflationary impact of Donald Trump’s tariff plan.
As President Donald Trump continues to fume over Federal Reserve policy, a new report finds inflation is up, while consumer ...
President Donald Trump's second term economic plan can be summed up in one word: tariffs. As his barrage of import taxes went ...
Prices for goods made in China and sold on Amazon.com have been rising faster than overall inflation, according to an ...
The FTSE 100 opened higher as investors eyed developments around US trade negotiations and Trump's "big, beautiful bill" ...
10hon MSN
The analysis shows that price increases for those goods accelerated beginning in May, a signal U.S. President Donald Trump's ...
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