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Trump, Fed and Powell

Trump Wants Lower Rates. Firing Powell Could Push Them Higher.

Investors, not the Fed, control the interest rates that matter most to businesses and consumers. They might demand higher returns if the central bank’s independence comes into question.

CNN on MSN · 2h

Trump says Powell is costing the US a fortune by not lowering rates. But firing the Fed chair may not fix the issue

As part of his campaign to get rid of Jerome Powell, President Donald Trump has blamed the Federal Reserve chair for costing the country “hundreds of billions of dollars” by not slashing interest rates.

Newsweek on MSN · 2d

Trump vs. Powell: How firing the Fed chair could shake the economy

Economists interviewed by Newsweek warned that removing Powell now would roil markets, erode trust in U.S. institutions and ultimately hurt ordinary Americans.

1hon MSN

An attempt by Trump to fire Powell would face major legal challenge

Trump and the Trump administration have increasingly turned their fire on Powell and his leadership of the central bank.

18h

Trump admin live updates: Powell defends Fed renovation plans amid White House criticism

President Donald Trump continues to face backlash from his MAGA supporters over his administration's handling of the Jeffrey ...

1don MSN

Behind Trump's move to back off Powell: Lawyers warned against it.

Privately, White House officials acknowledge uncertainty about Trump firing Powell solely based on accusations he mismanaged a multi-year renovation project.

2don MSN

Stock futures tread cautiously day after Trump denies plans of firing Powell

Stock index futures seesawed on Thursday, a day after Wall Street closed in the green after President Donald Trump denied reports of planning to fire Federal Reserve Chair Jerome Powell. S&P 500 ...

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