Powell, Jerome H – Page 20

Trump Makes a Demand for Say Over the Fed

The former president made his clearest statement yet that he wants influence over the central bank’s rate policy if he wins re-election.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Presidential Election of 2024 Trump, Donald J United States Economy United States Politics and Government

Trump Suggests that President Should Have a ‘Say’ in Interest Rates

Donald J. Trump suggested presidents should have input on interest rates, a comment likely to stoke fears that he could try to limit the Federal Reserve’s political independence.

By Jeanna Smialek

Federal Reserve System Income Inequality Inflation (Economics) Interest Rates Powell, Jerome H Prices (Fares, Fees and Rates) United States Economy

5.25%

The Federal Reserve left interest rates at a two-decade high, but all the attention was on what it will do next.

By Santul Nerkar

Banking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H Prices (Fares, Fees and Rates) Unemployment United States Economy

Fed Will Scour Jobs Report for Signs of Weakness

Central bankers are preparing to cut interest rates, and are warily monitoring job data as they consider when and how much to lower them.

By Jeanna Smialek