Trump, Federal Reserve and inflation
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SINGAPORE (Reuters) -The U.S. dollar rose alongside Treasury yields on Wednesday, which in turn kept pressure on the yen after the latest U.S. inflation report showed signs that President Donald Trump's tariffs were beginning to feed into prices.
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Cryptopolitan on MSNTrump’s push to oust Powell triggers market fears of inflationPresident Trump has renewed calls for Federal Reserve Chair Jerome Powell to resign, criticizing the Fed for not cutting interest rates.
Federal Reserve Chair Jerome Powell has asked the central bank's inspector general to review its $2.5 billion headquarters renovation project, which has become a key focus of Trump administration attacks,
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve is 'absolutely critical' and that 'playing around with the Fed can often have adverse consequences.'
Kevin Hassett, one of President Donald Trump’s longest-serving economic aides, is the early frontrunner to replace Jerome Powell as Federal Reserve chief next year, according to people familiar with the process.
JPMorgan chief’s comments come as Treasury secretary says ‘formal process’ to replace central bank chief is under way
MSNBC on MSN21h
'There is vulnerability here': Fed chair taps inspector general to review HQ renovation amid escalating Trump fightAfter his weeks-long pressure campaign failed, Donald Trump is escalating his fight with Federal Reserve Chair Jerome Powell. Bill Cohan and Bharat Ramamurti join The 11th Hour to discuss the risks ahead – for Powell,
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Explícame on MSNTrump's Pressure on Jerome Powell to Resign from the Fed ContinuesTrump's push to oust Jerome Powell over interest rates and Fed renovation costs highlights growing tensions around economic inequality and political control.
President Donald Trump ramped up the pressure on Jerome Powell, attacking the Federal Reserve Chair over the costly renovation of the central bank’s headquarters and again calling for him to step down.
The Bureau of Labor Statistics on Tuesday released June inflation data, showing prices increased from the prior month. Hours later, President Trump called on the Fed to lower rates.