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Colby Smith
Posts
What to Watch at the Federal Reserve’s July Meeting
The U.S. central bank is widely expected to hold interest rates steady for a fifth straight meeting despite badgering from President Trump to lower borrowing…
Powell Under Siege as Fed Plans to Stand Pat on Rate Cuts
Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace him and divisions in his own…
The Fed Renovations Fueling Trump’s Anger at Jerome Powell
President Trump is set to visit the central bank’s construction site on Thursday with administration officials amid allegations that the costly project has been mismanaged.
White House Keeps Pressure on Powell Over Rate Cuts and Renovations
President Trump and his top aides have criticized Jerome H. Powell, the Fed chair, for his management of both the economy and a $2.5 billion…
Fed Defends Renovations as Trump Administration Intensifies Attacks
The Trump administration has seized on the Federal Reserve’s renovation of its building in what legal experts say could be pretext to fire Jerome H….
Trump’s Withering Criticism of Powell Puts Fed Decisions Under Microscope
The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.
Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure
Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait for the labor market…
U.S. Inflation Accelerated in June as Trump’s Tariffs Pushed Up Prices
The Consumer Price Index rose 2.7 percent from a year ago, as the global trade war started to bite.
The Economy Has Been Resilient. The New Round of Tariffs May Hit Harder.
The economy’s resilience so far to President Trump’s global trade war risks emboldening him and unleashing the sort of economic devastation that economists have long…
Fed Defends Renovations as White House Widens Attacks on Central Bank
President Trump and his allies have accused the Federal Reserve chair, Jerome Powell, of misleading Congress in what some legal scholars worry is a prelude…