Fed officials are expected to hold interest rates steady at their two-day policy meeting next week.
Trump’s attacks on Fed Chair Jerome Powell and calls to cut interest rates could backfire, economists say
BY CHRISTOPHER RUGABER AND ASSOCIATED PRESS
April 25, 2025
Trump rules out firing Powell while pushing him to cut rates
BY KEVIN WHITELAW AND BLOOMBERG
Trump claimed that Americans will be paying for Powell's "incompetence" for years to come, while the FOMC has maintained it needs…
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing…
Fed Chair Jerome Powell told Congress he expects an inflation surge—but how long and how high is unknown.
The Fed cited the economy’s resilience as part of its motivation for maintaining rates.
ANALYSIS: President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public…
President Donald Trump has long criticized Federal Reserve Chair Jerome Powell for not lowering interest rates.
