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Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts
Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace him and divisions in his own ranks over when to cut interest rates.
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nytimes.com
Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts
Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace him and divisions in his own ranks over when to cut…
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fortune.com
Jerome Powell has a chance to appease Trump with a rate cut, so will he? Not likely | Fortune
Analysts see signs of a shift toward easing—possibly beginning in September—but with no guarantees offered after this week's meeting.
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Live Updates: Fed Holds Rates Despite Internal Divisions and Political Pressure
Federal Reserve officials left interest rates unchanged, despite rare dissent among policymakers. Fed Chair Jerome Powell said the board has “made no decisions” on cutting rates…
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Powell didn’t just refuse to deliver a rate cut—he also hinted a raise might have been on the cards | Fortune
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing interest rates.
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Powell didn’t just refuse to deliver a rate cut—he also hinted a raise might have been on the cards
Powell put a cat among the pigeons by suggesting he was minded to "look through" tariff-induced inflation by not increasing interest rates.