Former New York Federal Reserve President Bill Dudley urged Tuesday his former colleagues not to help President Donald Trump in his trade war against China. He even urged the central bank to consider how its monetary policy might impact the 2020 presidential election.
“As President, I can no longer allow this to happen! In the spirit of achieving Fair Trade, we must Balance this very unfair trading Relationship,” Trump wrote.
President Donald Trump continued his criticism of the Federal Reserve on Friday after Chairman Jerome Powell spoke about monetary policy in Jackson Hole, Wyoming.
The chairman of the Federal Reserve said the central bank would take action to fend off economic pressure from the trade war.
President Trump is keeping up the pressure on Fed chair Jerome Powell to cut interest rates.
“Our problem is with the Fed,” Trump tweeted. “Raised too much & too fast. Now too slow to cut.”
Trump pounced after Powell said that Wednesday’s rate cut should not be viewed as the beginning of a long series of rate cuts
Job Creators Network, one of the nation’s largest pro-jobs grassroots organizations, declared on Friday that the U.S. economy’s growth of 2.1 percent from April through June is but the latest reason why “the Federal Reserve to cut interest rates at next week’s meeting.”
Fed Chairman Jerome Powell has stated that Facebook’s digital currency Libra cannot be allowed to operate until concerns about the project are addressed.
Thursday during an appearance on Fox News Channel’s “Fox & Friends,” White House National Economic Council Director Larry Kudlow praised Rep. Alexandria Ocasio-Cortez (D-NY) for taking on Federal Reserve Chairman Jerome Powell during a hearing a day earlier. Ocasio-Cortez’s question
Fed Chair Jerome Powell said that it was appropriate for the Fed to cut rates if concerns about trade and tariffs were slowing the economy.
Federal Reserve Chairman Jerome Powell will testify Wednesday before the House Committee on Financial Services, chaired by Rep. Maxine Waters (D-CA) in a hearing titled “Monetary Policy and the State of the Economy.”
In an interview which aired Tuesday on CNBC’s “Squawk Box,” Trump economic advisor Larry Kudlow shot down the notion of an effort to remove Federal Reserve Chairman Jerome “Jay” Powell from his position. CNBC’s Kelly Evans asked Kudlow, “So, Jay Powel’s job
Like Powell, Lagarde is a lawyer. So the world’s two biggest currency zones will be lead by non-economists.
The Fed concluded its two-day meeting with tweaks to its statement on policy and the economy while leaving rates unchanged.
This is the most important Fed meeting in years. Will the Fed cut rates or just promise to cut rates later this summer?
The Fed’s April statement appears far more dovish, noting that core inflation is undershooting its target.
Federal Reserve Chairman Jerome Powell will join Hollywood stars-turned-activist couple John Legend and his wife Chrissy Teigen at an upcoming retreat for House Democrats.
Fed Chairman Jerome Powell had dinner with President Donald Trump at the White House on Monday. It was the Fed chairman’s 66th birthday. The Federal Reserve said the two men discussed recent economic developments and the outlook for growth, employment, and
The Fed looked everywhere but in the mirror as it sought to understand market volatility in December.
What if they held a shut down and no one noticed?
Powell wanted to reassure markets that the Fed wouldn’t blindly march into higher rates.
Rep. Thomas Massie (R-KY) introduced a bipartisan bill on Thursday to audit the Federal Reserve, telling Breitbart News that Wall Street and investment banks might have undue influence on the nation’s central bank. President Donald Trump has supported auditing the Fed in the past.
Stephen Moore and Alfredo Ortiz write in RealClear Politics that the two successive interest rate increases imposed by the Federal Reserve threaten to stifle the huge financial gains of the last two years:
Thursday on CNBC’s “Mad Money,” host Jim Cramer said he did not trust the current Federal Reserve chairman, Jerome “Jay” Powell. Discussing the volatility in the stock market, Cramer said, “I need the Fed to shut up. I don’t trust
While speaking to reporters on Wednesday, White House Council of Economic Advisers Chair Kevin Hassett stated that Federal Reserve Chairman Jerome Powell’s job is completely safe. Hassett responded to a question on whether Powell’s job is safe by stating, “Yes, of
President Trump said he has confidence in Treasury Secretary Mnuchin and criticized the Fed for once again raising interest rates.
Stocks may well rebound in the new year. But for now, Jerome Powell has put a giant lump of coal in America’s Christmas stocking.
FFederal Reserve Chairman Jerome Powel revealed the Federal Open Market Committee (FOMC) brought the prediction down to two rate hikes in 2019 from three in light of the quarter percent rate hike announced Wednesday afternoon.
Federal Reserve Chairman Jerome Powell declared 2018 the “best year since the financial crisis” after revealing a late 2018 quarter percent rate hike Wednesday.
The Federal Reserve announced Wednesday afternoon, less than a week before Christmas, that the Fed will raise interest rates a quarter of a point, from 2.25 to 2.50 percent.
WASHINGTON (AP) — The Federal Reserve is raising its key interest rate for the fourth time this year to reflect the U.S. economy’s continued strength but signaling that it expects to slow hikes next year. The quarter-point hike, to a
“One and done” is now the market forecast of Fed interest rate hikes.
The futures market is no longer pricing in a rate hike in 2019.
Job Creators Network, one of the nation’s largest grassroots pro-jobs organization, is sending a clear message to Federal Reserve chairman Jerome Powell that he should scrap his previously planned interest rate hike.
The Fed chair’s position on rates has shifted dramatically over the last two months.
The Fed said it expected to hike rates three times in 2019. The market thinks it will only hike once.
“We hear a lot from business about higher costs, loss of markets. We see a rising chorus of concern,” Powell said. “It hasn’t shown up yet in the data.”
Bernie Marcus writes for RealClear Politics in opposition to the Federal Reserve’s threat to raise the interest rates for a fourth time this year.
During a portion of an interview with the Fox Business Network set to air on Tuesday’s “Trish Regan Primetime,” President Trump said the Federal Reserve is his “biggest threat” because the Federal Reserve is raising interest rates too quickly, a
