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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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fortune.com
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
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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aljazeera.com
Trump calls on Fed board to take control from Powell over interest rates
The US president has hurled insults at Jerome Powell, renewing calls for the Federal Reserve to slash interest rates.