Trump, Powell
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The Fed’s prudent “wait-and-see” approach has the White House enraged. Trump has been very vocal that the politically independent central bank needs to slash the funds rate immediately by over 3%. This is to unleash what the president says is trillions of dollars in pent-up economic demand amidst somewhat stable inflation and job rates.
National Economic Council Director Kevin Hassett defended Donald Trump’s newly unveiled 50% tariff against Brazil on ABC News' "This Week."
The reaction in major asset classes may convince the administration that firing Powell will not prove to be a panacea for the economy and markets
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Cryptopolitan on MSNWhite House says patriotism keeps Trump’s tariffs from driving inflationPatriotism is now being used as an inflation control strategy by the White House, according to economic advisor Kevin Hassett, who on Monday told CNBC’s
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Federal Reserve Chair Jerome Powell has asked the central bank’s inspector general to conduct an additional review of an ongoing $2.5 billion renovation of the institution’s headquarters that has drawn fire from President Donald Trump and others,
President Donald Trump's renewed calls for Federal Reserve Chair Jerome Powell's resignation have prompted investors to protect portfolios against the risk of higher inflation, as a central bank more willing to lower interest rates could fuel price rises and make lenders demand higher compensation to hold bonds.
After cutting Sidney Powell from his legal team, President Donald Trump has welcomed her back into the White House to plot out further efforts to revive his presidency.
On Wall Street, the White House's constant messaging shifts are beginning to drown out the messages themselves. Why Trump's 'Blame Jerome Powell' Strategy Flopped So Hard Skip to main content
Federal Reserve Chair Jerome H. Powell pauses during a March 3 news conference, to discuss an announcement from the Federal Open Market Committee, in Washington. (Jacquelyn Martin/AP) Listen ...