Powell emphasizes Fed’s obligation to forestall ‘ongoing inflation drawback’ regardless of Trump criticism

Powell emphasizes Fed’s obligation to forestall ‘ongoing inflation drawback’ regardless of Trump criticism

US Federal Reserve Chair Jerome Powell testifies during a House Financial Services Committee hearing on “The Federal Reserve’s Semi-Annual Monetary Policy Report” on Capitol Hill in Washington, DC on June 24, 2025. Saul Loeb | Afp | Getty Images Federal Reserve Chair Jerome Powell on Tuesday emphasized the central bank’s commitment to keeping inflation in … Read more

Watch Fed Chair Powell testify dwell on rate of interest coverage earlier than Home committee

Watch Fed Chair Powell testify dwell on rate of interest coverage earlier than Home committee

[The stream is slated to start at 10a.m. ET. Please refresh the page if you do not see a player above at that time.] Federal Reserve Chair Jerome Powell delivers his semiannual monetary policy testimony to congressional leaders, starting Tuesday with an appearance before the House Financial Services Committee. In prepared remarks, Powell noted the … Read more

Trump slams Jerome Powell after Fed holds charges regular

Trump slams Jerome Powell after Fed holds charges regular

U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | Reuters President Donald Trump ripped into Federal Reserve Chair Jerome Powell on Thursday, calling him “destructive,” after the central bank kept interest rates steady on Wednesday. … Read more

Trump rips Jerome Powell after Fed holds rates of interest regular

Trump rips Jerome Powell after Fed holds rates of interest regular

President Donald Trump ripped into Federal Reserve Chair Jerome Powell on Thursday, calling him “destructive,” after the central bank kept interest rates steady on Wednesday. Trump said “Too Late” Powell is costing the United States “hundreds of billions of dollars” by not cutting rates, leveling a familiar criticism against the Fed chair who has repeatedly … Read more

Trump says ‘silly’ Powell ‘in all probability will not lower’ charges Wednesday

Trump says ‘silly’ Powell ‘in all probability will not lower’ charges Wednesday

With the Federal Reserve just hours away from its latest decision on interest rates, President Donald Trump on Wednesday lambasted Chair Jerome Powell, calling him “stupid” while doubting the central bank would cut. In his latest in a series of attacks on Powell that go back years, Trump said the Fed’s key borrowing rate should … Read more

Trump calls Fed chief Powell ‘numbskull’ as he urges rate of interest reduce

Trump calls Fed chief Powell ‘numbskull’ as he urges rate of interest reduce

US Federal Reserve Chair Jerome Powell waits to speak during a conference marking the 75th anniversary of the International Finance Division of the Federal Reserve Board in Washington, DC, on June 2, 2025. Andrew Caballero-Reynolds | AFP | Getty Images President Donald Trump ripped Federal Reserve Chair Jerome Powell as a “numbskull” on Thursday as … Read more