Trump, Powell and interest rates
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The Fed's warning echoes that of analysts who say U.S. companies could face inventory shortfalls as a result of tariff-induced supply chain issues.
Federal Reserve Chair Jerome Powell said Thursday that the economy may be entering a period of more volatile inflation and more regular supply shocks relative to recent decades, in which inflation
President Donald Trump has relentlessly attacked Fed Chairman Jerome Powell since he retook office, most recently calling him a “fool” Thursday morning after the Fed chose to hold interest rates steady the day prior.
Key Takeaways Federal Reserve Chair Jerome Powell’s four-year leadership term ends in May 2026.President Donald Trump has been critical of Powell this year, calling for the chair's termination before walking back those threats.
7don MSN
Federal Reserve Chairman Jerome Powell on Wednesday pushed back on political pressure from the White House, telling reporters that President Trump "doesn't affect our doing our job at all" and that "I've never asked for a meeting with any president,
US wholesale prices sank in April, logging their biggest monthly drop since Covid stifled the economy, as tariffs put a squeeze on profit margins, according to new data released Thursday.
As President Trump’s Middle East trip continues, investors are refocusing on the basics with Walmart earnings, producer inflation, remarks from Federal Reserve chairman Jerome Powell and a blockbuster retail merger.
More than a dozen Milwaukee and Wisconsin business leaders and observers were asked: What would you tell Fed Chairman Powell if you had the chance?