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Stocks slide as Trump escalates criticism of Fed Chair Powell

(NEW YORK) -- U.S. stocks tumbled in early trading on Monday as President Donald Trump escalated his criticism of the Federal Reserve, urging the central bank to immediately lower interest rates and questioning the policy approach of Fed Chair Jerome Powell.The comments came days ...
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Trump says hes eager for Fed Chair Jerome Powells termination

(WASHINGTON) -- President Donald Trump on Thursday sharply criticized Federal Reserve Chair Jerome Powell, urging the central bank to lower interest rates and saying Powell’s “termination cannot come soon enough.”It was not clear whether Trump’s comments indicated a desire to remove Powell from his ...
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Fed Chair Powell sounds alarm on tariffs, sending stocks lower

(WASHINGTON) -- Federal Reserve Chair Jerome Powell said Wednesday that he expects President Donald Trump's tariffs policy to cause higher inflation and slower economic growth, complicating potential central bank efforts to ease the fallout."The level of the tariff increases announced so far is significantly ...
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Fed Chair Powell says he expects Trumps tariffs will hike inflation and slow growth

(WASHINGTON) -- Federal Reserve Chair Jerome Powell said Friday he expects President Donald Trump's tariff policy will hike prices and slow economic growth, while noting that key indicators "still show a solid economy."Policy changes implemented by the White House have contributed to a "highly uncertain ...
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Fed set to make first interest rate decision since outbreak of trade war

(NEW YORK) -- The Federal Reserve is set to announce its first interest rate decision since a global trade war touched off by President Donald Trump's tariffs sent stocks reeling and triggered concern about a possible recession.The move arrives less than two weeks after ...
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Trumps tariffs will likely raise US prices, Fed chair says

(WASHINGTON) -- Fed Chair Jerome Powell said on Friday that the Trump administration's tariffs would likely raise prices for U.S. shoppers and retailers.The scale and duration of the tariffs remain unclear but a portion of the taxes on imports will probably reach consumers, Powell ...
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Fed holds interest rates steady, defying pressure from Trump

(WASHINGTON) -- The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central bank to lower them.The announcement put the central bank on a potential collision course with Trump, though a longstanding norm of independence typically ...
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Fed expected to hold interest rates steady, defying pressure from Trump

(WASHINGTON) -- The Federal Reserve on Wednesday will announce its latest decision setting the level of interest rates, just days after President Donald Trump called on the central bank to lower them.Investors widely expect the Fed to hold interest rates steady, putting the central ...
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Fed cuts interest rates, delivering relief for borrowers at last meeting before Trump takes office

(WASHINGTON) -- The Federal Reserve cut interest rates by a quarter of a percentage point on Wednesday, delivering relief for borrowers at the central bank's last meeting before President-elect Donald Trump takes office next month.The central bank predicted fewer rate cuts next year than ...
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Fed expected to cut interest rates despite rising inflation. Heres why

(WASHINGTON) -- A fresh inflation reading this week flashed a warning: Price increases are rising again, just when the Federal Reserve had appeared close to declaring "mission accomplished" in its yearslong fight to lower them.In theory, the trend would prompt the Fed to raise ...
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