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Fed, Donald Trump and Powell
Fed chair says Trump can't remove him. Could Trump still influence interest rates?
Federal Reserve Chair Jerome Powell struck a defiant tone this week when posed with the question of whether he would resign from his position if asked by President-elect Donald Trump. “No,” Powell said,
Fed Chair Jerome Powell says he won't resign if Donald Trump asks him to step down
Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.
Fed's Powell says he will not quit even if asked by Trump
Federal Reserve Chair Jerome Powell said on Thursday he would refuse to leave office early if incoming President Donald Trump tried to oust him, adding he cannot be legally removed anyway.
Trump, federal reserve
What Trump’s Win Means for Fed Independence
Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?
Donald Trump warned against meddling with the Federal Reserve’s independence
Current and former policymakers are warning that any attempt by Donald Trump to undermine the independence of the Federal Reserve in his second term as US president would destabilise the world’s largest economy and global financial markets.
Trump victory poses challenges for the Fed's independence
Donald Trump's return to the White House could put the independence of the US Federal Reserve under strain, potentially weakening its ability to fight against inflation and unemployment free from
2d
on MSN
Fed Cuts Interest Rates Again—But Uncertainty Swirls As Trump Policies Could Fuel Inflation
The Fed lowered rates by 25 basis points to a 20-month low, but economists say tariffs may throw a wrench in the rate cutting ...
Hosted on MSN
2d
Powell Signals Readiness to Defy Trump in Defense of Fed
“No,” Powell said firmly on Thursday, when asked whether he would step aside if
Trump
asked for his resignation. Listen and ...
Business Insider on MSN
1d
Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty
Additional rate cuts aren't as clear, though, as Donald
Trump
's proposed widespread tariffs could slow down the
Fed
's ...
1d
on MSN
Trump is poised to make the Fed's job a lot harder
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.
1d
Forget a Soft Landing. The Fed’s Biggest Challenge May Be Trump.
The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is ...
LA Times on MSN
2d
Fed cuts interest rates again, but Trump’s victory makes future path much murkier
The Federal Reserve cuts interest rates for a second straight time in an effort to keep the economy humming. But it now must ...
1d
Bond rebound uncertain as Trump plans overshadow Fed rate cuts
Prospects of a near-term rebound in the $28-trillion U.S. government bond market are faltering, as Donald Trump’s return to ...
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2024 U.S. Elections
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