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How the Fed sets rates — and why Powell can't move rates alone
President Trump's war on Federal Reserve chair Jerome Powell is taking on a more aggressive form, bringing Trump a step ...
Trump Has Drafted Letter to Fire Fed Chair and Asked Republicans if He Should
The president waved a copy of a draft letter firing Jerome H. Powell at a meeting in the Oval Office with House Republicans.
Threats to Powell Stir Bond Market
Reports that President Trump was considering trying to remove Federal Reserve Chair Jerome Powell have had a clear, if modest ...
Trump says Federal Reserve should lower interest rates by 3 points
The Bureau of Labor Statistics on Tuesday released June inflation data, showing prices increased from the prior month. Hours ...
Public Broadcasting Service (PBS)18h
How an inflation uptick and Trump’s pressure complicate the Fed’s interest rate decision
A new report shows inflation has picked up and analysts believe the prices of many goods increased, in part, because of ...
Fed's extended rate hike campaign is expanding banks' net interest margins, says Argus Research's Biggar
CNBC's "Closing Bell" team discusses what to expect from upcoming bank earnings with Stephen Biggar, director of financial ...
Stocks sell off as investors see Trump’s inflation ‘pipeline’ forcing the Fed to hold off on interest rate cuts
Inflation is up, stocks are down, and more tariffs are on their way. Trump wants interest rates to come down but the ...
US stocks swing as Trump says he 'talked about the concept' of firing the Federal Reserve's chair
U.S. stocks are shaky on Wednesday after President Donald Trump said he had “talked about the concept of firing” the head of the Federal Reserve. Such a move could help Wall Street get the lower ...