Trump, Jerome Powell and Interest Rates
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Mediaite on MSNTrump Attacks Fed Chair Powell as He Heads to Texas, Claims America Was ‘Dead’ a Year AgoPresident Donald Trump has once again demanded lower interest rates with a blistering new attack on Fed Chair Jerome Powell. As he fielded questions from reporters outside Marine One on Friday, Trump was asked whether he intends to fire Powell,
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The New Republic on MSNTrump Rips Jerome Powell as Feud Shows No Sign of Cooling DownPresident Trump on Friday morning threw barbs at Trump-appointed Federal Reserve Chairman Jerome Powell, against whom he’s railed over and over again in recent months due to the Fed’s refusal to cut interest rates.
President Donald Trump has demanded a record-breaking 300 basis point interest rate cut and announced steep new tariffs on 16 nations.
BTC jumped within 30 minutes of Trump’s rate-cut post as analysts weighed inflation risks and the impact of a potential 300 bp cut on asset prices.
President Trump's 'big beautiful bill' will provide a boost to the economy in the near term but just a tiny bump over the long run, forecasters say.