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Trump Wants a 3-Point Fed Rate Decrease. But You Can't Always Get What You Want.
The right to freedom of speech allows Trump to make demands of the Fed to his heart's content. But legally, he cannot compel the central bank to lower its benchmark interest rate. The Fed has the right to act independently, and its aim is to promote a healthy and stable economy by keeping inflation in check.
Donald Trump's call for the Federal Reserve to slash interest rates to 1% to ease government borrowing costs faces strong ...
The White House has been trumpeting the absence of tariff-related price hikes as a sign that the president’s agenda is succeeding.
The White House keeps insisting that inflation is a thing of the past. The latest Consumer Price Index numbers help prove ...
Analysts say the latest dust-up between President Donald Trump and Fed Chair Jerome Powell may be more than meets the eye and that markets may not be concerned enough about the situation.
National Economic Council Director Kevin Hassett, a top economic advisor to Trump, on Monday rebuked concerns about ...
2don MSN
President Donald Trump prides himself on being a dealmaker, but his negotiating style is more ultimatum than compromise.
JPMorgan Chase CEO Jamie Dimon said Tuesday that the independence of the Federal Reserve remains critically important, after President Donald Trump has spent months attacking Fed Chair Jerome Powell.
In an interview with ABC News, Kevin Hassett was also pressed about the president's decision to hit imports from Brazil with ...
Markets either don't believe the White House attempts to force out the Federal Reserve chair will succeed, or they assume ...
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