Stories tagged with: powell
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 ...
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 ...