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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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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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upi.com
Economists: Federal Reserve unlikely to drop interest rates - UPI.com
The Federal Reserve will release its interest rates decision Wednesday, but it's unlikely to cut rates. Trump has lobbied against Fed Chair Jerome Powell.
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Trump has given Powell 'no motivation to cooperate' says former White House commerce secretary—he might now be paying the price for it
Trump's former commerce secretary, Wilbur Ross, tells Fortune that President Trump has given the Fed an unwinnable dilemma.
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Jerome Powell’s Federal Reserve holds rates steady despite immense pressure from Trump to cut, cut, cut
The Fed cited the economy’s resilience as part of its motivation for maintaining 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.