But the president continued ripping into the Fed chief later Thursday, in an Oval Office meeting, piling on political pressure for Powell to lower interest rates. Ahead of an expected rate ...

But the attack comes at an especially fraught moment for the Fed, experts say, with the Trump administration challenging restraints that prevent the president from firing board members of ...

WASHINGTON, April 18 (Reuters) - White House economic adviser Kevin Hassett on Friday said President Donald Trump and his team were continuing to study if they could fire Federal Reserve Chair ...

With Trump’s tariffs predicted to both increase inflation and slow the economy – leaving the Fed torn between its two missions - Powell reiterated that the central bank’s main job is to keep ...

WASHINGTON, April 17 (Reuters) - The Federal Reserve kicked off a sweeping effort to overhaul its annual stress tests of large banks on Thursday, proposing to average results over two years in ...

Trump calls for a decrease in interest rates as the Fed looks at what might need to happen to combat inflation. The next Fed meeting to discuss interest rates isn't until May. Trump looks forward ...

“If I ask him to, he’ll be out of there,” Trump told reporters in the Oval Office Thursday when asked about an earlier social media post blasting the Fed chair as being too slow to lower rates.

Trump’s attacks on Powell come after the Fed chair’s speech at the Economic Club of Chicago on Wednesday. Powell said the Fed would base its decisions solely on what is best for all Americans.

Powell emphasized the inflation risks and said the Fed would not necessarily step in to help financial markets with lower interest rates if stocks plummeted. The tariffs threaten to slow the ...

While many experts say the president does not in fact have the power to fire the Fed chief due to policy differences, Trump has made clear he’s willing to break with norms and precedent ...