President Trump has repeatedly urged Fed Chair Jerome Powell to slash interest rates. Politics
Jerome H. Powell, whose term does not expire until May, has argued that the central bank can afford to be patient about cutting interest rates amid uncertainty about the economic outlook. Politics
Sen. Bernie Moreno (R-OH) tore into Federal Reserve Chair Jerome Powell during a tense Senate hearing accusing him of staying silent on Democrat-driven inflation while opposing President Trump’s trade policies and costing the U.S. government $400 billion a year. The post ‘Should Resign’, ‘Costing Govt $400 Billion a Year’: Sen. Moreno Grills Fed Chair Powell for Dodging Role in Inflation While Attacking Trump Tariffs appeared first on Breitbart. Economics
Fed Chair Jerome Powell's belief that tariffs will push prices higher might be based on a new working paper from the Boston Fed that relies on a flawed model. The post Breitbart Business Digest: Powell Should Trust the Data, Not the Boston Fed’s Flawed Tariff Research appeared first on Breitbart. Politics
Federal Reserve Chair Jerome Powell, under continued attack from President Trump, says the impact of tariffs on inflation should become clearer in the coming months. Events
“TOO LATE’s an American Disgrace!” Trump wrote. The post Trump Slams Powell Over Rates: ‘Too Late’ Fed Chair Costing U.S. Billions appeared first on Breitbart. Politics