#jerome powell
11 stories
Fed watchdog clears renovation of criminal wrongdoing
The Federal Reserve's inspector general found no criminal violations in a multibillion-dollar building project that drew Trump's ire, but said the board mismanaged the contract.
NBC News · 3m
Fed raises rates despite Trump's demands for cuts
New Fed Chair Kevin Warsh defies the president by raising interest rates, citing persistent inflation and a strengthening economy.
Newsweek · 4m
How the Fed's interest rate actually works
The Federal Reserve just raised rates for the first time this year. Here's what that means for your wallet and the economy.
NPR · 2m
Warsh's cryptic words spark Fed rate hike speculation
The Fed chair's phrase about removing accommodation has Wall Street debating how many more rate increases are coming.
CNBC · 1m
Fed Chair Warsh just embraced monetarism
Kevin Warsh's recent statements reveal the Federal Reserve is shifting toward monetarist economic thinking after decades of rejection.
Fortune · 2m
Trump demands Fed slash rates to 1% or less
The president pressures the central bank after its first rate hike in three years, testing Fed independence.
Business Insider · 1m
Warsh's rate hike sparks Trump fury and market whiplash
Fed chair Kevin Warsh hiked rates, stocks tanked, then rebounded, but the president is furious he didn't get his way.
Fortune · 1m
Warsh's rate hike tests Trump's Fed independence
The new Fed chair defies Trump's pressure and raises rates, setting up a potential clash over central bank autonomy.
CNBC · 2m
Fed raises rates despite Trump's demands for cuts
The Federal Reserve hikes interest rates for the first time in three years to combat inflation, ignoring pressure from President Trump.
The Banner · 2m
Trump demands Fed slash rates despite Warsh rate hike
President Trump says he still backs Fed Chair Warsh but is demanding interest rates drop to 1% or less, reigniting his pressure campaign on the central bank.
CNBC · 1m
Trump sees betrayal in everyone he appoints
The president treats disagreement as personal treachery, setting a trap for officials who must defy him to prove independence.
Newsweek · 2m