In a surprising turn of events, President Trump visited the Federal Reserve, signaling a potential thaw in tensions with Jerome Powell. The meeting was cordial despite previous criticisms, raising questions about future interest rates.
In a rare visit to the Federal Reserve, President Trump clashed with Fed Chair Jerome Powell over the soaring costs of a renovation project, which Trump claims have reached $3.1 billion, raising questions about fiscal management.
In a surprising move, President Trump is set to visit the Federal Reserve, escalating tensions with Jerome Powell over interest rates. Will this be an intimidation tactic or a genuine policy discussion? Market reactions remain cautious.
Could slashing the federal funds rate to 1% trigger economic turmoil? Experts warn that such a drastic move could stoke inflation and prompt businesses to hunker down rather than expand.
As President Trump targets Fed Chair Jerome Powell over a costly renovation, the marble at the Federal Reserve sparks controversy. Discover how Trump’s own appointees influenced the design and costs.
Jerome Powell finds himself under intense scrutiny from the White House over a controversial $2.5 billion renovation project for the Federal Reserve's headquarters, with calls for his potential ousting amid rising costs and Trump's frustrations with interest rates.
In June, U.S. producer prices remained unchanged, despite rising costs in certain sectors due to tariffs. This stability could pave the way for potential interest rate cuts by the Federal Reserve later this year.
After Trump hinted at firing Fed Chair Powell, bond markets reacted with a split in yields. This unprecedented move raises concerns about market stability and inflation expectations.
Bank of America posted mixed results for Q2, with earnings beating estimates at 89 cents per share but revenue missing expectations, leading to questions about future growth amid changing interest rates.
June inflation surged as Trump's tariffs impact consumer prices. With rising costs for goods like furniture and audio equipment, the Fed may face pressure to adjust interest rates amidst growing economic uncertainty.
