Donald Trump sparred with the Federal Reserve chair, Jerome Powell, on Thursday during a rare presidential visit to the central bank’s headquarters. However, hours later the US president posted on …
Federal Reserve
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India NewsPolitics
Trump targets Fed Chair Jerome Powell again, calls him ‘numbskull’, says he’ll be out in 8 months
by AutoTrendlyby AutoTrendlyUS President Donald Trump has intensified his attacks on Federal Reserve Chair Jerome Powell. “He’s a numbskull,” Trump said, blaming him for high interest rates. “He keeps the rates too …
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India NewsPolitics
US Federal Reserve Chair Jerome Powell fights back in ‘renovation clash’ with White House through strong letter
by AutoTrendlyby AutoTrendlyFederal Reserve Chair Jerome Powell pushed back against White House accusations that he “grossly mismanaged” the Fed’s $2.5 billion headquarters renovation. Budget chief Russell Vought claimed the project featured “ostentatious” …
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India NewsPolitics
US stock markets bounce back as Trump backtracks on Jerome Powell firing threat: What led to the turn of events?
by AutoTrendlyby AutoTrendlyStocks swung wildly Wednesday after US President Trump first told Republican lawmakers he would fire Federal Reserve Chair Jerome Powell, then publicly reversed course hours later. At a Tuesday Oval …
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India NewsPolitics
‘Committed to working with you’: Jerome Powell asks inspector general to review Fed headquarters renovation project
by AutoTrendlyby AutoTrendlyFederal Reserve Chairman Jerome Powell has revealed that he asked the US central bank’s inspector general to conduct a review into the costs involved in the renovation of its historic …
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India NewsPolitics
Donald Trump criticises Fed Chair Jerome Powell again, says ‘I hope he quits’
by AutoTrendlyby AutoTrendlyIn an escalation to his ongoing atttacks against Jerome Powell, United States President Donald Trump on July 13 (Sunday), said that he believes the Federal Reserve Chairman should step down, …
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India NewsPolitics
Who will be the next Jerome Powell? Here’s a look at the top contenders
by AutoTrendlyby AutoTrendlyUS President Donald Trump is speeding up his search for Jerome Powell’s replacement as Federal Reserve chair, targeting candidates who support faster interest rate cuts. Powell’s term ends in May …
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India NewsPolitics
‘Dumbest’: Donald Trump alleges Jerome Powell costing US hundreds of billions as Fed keeps rates steady
by AutoTrendlyby AutoTrendlyDonald Trump on Thursday called Federal Reserve Chairperson one of the ‘most destructive’ people in the US government who is costing the country billions of dollars. In a series of …
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India NewsPolitics
Dollar pulls back from six-week low but tariff tensions persist
by AutoTrendlyby AutoTrendlyNEW YORK (Reuters) -The U.S. dollar rose on Tuesday, rebounding from a six-week low against the euro, even as investors remained concerned about potential economic damage from the trade war …
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India NewsPolitics
Fed’s Lorie Logan on inflation, labour market, says balance of risk ‘could take quite some time…’
by AutoTrendlyby AutoTrendlyFederal Reserve Bank of Dallas President Lorie Logan on May 29 indicated that the United States central bank may need to keep short-term interest steady as it awaits data showing …