Trump Lashes Out At Jerome Powell After Fed Doesn’t Cut Interest Rates
Trump accuses Fed, Powell of creating inflation on heels of rate decision
Watch live: Fed’s Powell gives first remarks under new Trump admin
Powell Says He Hasn’t Had Contact With President Trump
President Donald Trump has called out the Federal Reserve in recent weeks, urging the central bank to continue cutting interest rates. But Chair Jerome Powell said Wednesday that he hasn’t had any contact with the president and declined to comment on any of Trump’s remarks.
Powell takes wait and see approach on interest rates — drawing angry response from Trump
MarketWatch’s live coverage of the Fed’s interest-rate decision and Jerome Powell’s news conference — as it happened. The Federal Reserve on Wednesday moved to the sidelines, signaling that it wasn’t likely to change interest rates again until there is greater clarity on how President Donald Trump’s economic plans will affect inflation and the labor market.
Donald Trump slams Jerome Powell as US Fed holds rates, but central bank reasserts independence
The US Fed held rates steady, reaffirming its independence despite President Donald Trump’s demands for cuts. Fed Chair Jerome Powell dismissed political pressure, while Trump accused the Fed of failing to control inflation.
Trump says Powell and Fed ‘failed to stop the problem they created’ on inflation
President Donald Trump wasted no time criticizing the Fed after it held rates steady Wednesday, arguing Jerome Powell and the central bank 'failed to stop the problem they created' on inflation.
Trump slams Fed chair Powell for maintaining benchmark interest rate
The US president accused Jerome Powell leader of failing to 'stop the problem they created with inflation.' Powell said he would not respond to Trump's comments.
Powell pushes back on Musk's claim Fed is 'absurdly overstaffed'
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," saying the Fed has a careful budget process.
US Fed Chair Jerome Powell takes wait-and-watch approach as uncertainty looms from Donald Trump's tariff plans
The US Fed held rates steady as Jerome Powell took a wait-and-see approach to Donald Trump’s tariff plans, citing uncertainty over their economic impact. Markets reacted cautiously amid inflation concerns.
Fed hits pause on interest rate cuts amid Trump’s flurry of economic plans
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
Trump claims Jerome Powell was too busy with DEI and climate change to rein in inflation
President Donald Trump is renewing his old attacks on the Federal Reserve and its chair, Jerome Powell, after the independent body voted to hold interest rates steady in its first rate decision of the year.
US Fed Highlights: Powell says don’t know what will happen but need to watch Trump’s policy; rates steady
Fed's move to keep interest rates steady at 4.25-4.5% runs counter to Donald Trump’s view that he should have influence over Fed policy
Cautious Fed holds rates steady with Trump unknowns looming over outlook
The Federal Reserve held interest rates steady Wednesday as policymakers weigh the direction of inflation and the potential effect of economic policies expected from the new Trump administration.