Tag #Federal Reserve

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US Dollar Plunges to Three-Year Low Amidst Trump's Attacks on Federal Reserve

The US dollar hit a three-year low against the euro on Monday, trading at \$1.15 per euro, following President Trump's repeated attacks on Federal Reserve Chairman Jerome Powell, raising concerns about the Fed's independence and impacting global markets.

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Kennedy opposes Trump's plan to send US criminals abroad

Senator John Kennedy opposes President Trump's plan to send US criminals to foreign prisons, citing legal and constitutional issues; he also criticized the mistaken deportation of Kilmar Abrego Garcia to El Salvador, calling it a single incident.

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Peace, Justice, and Strong Institutions
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Trump Threatens to Fire Fed Chair Powell Amid Interest Rate Dispute

President Trump attacked Federal Reserve Chairman Jerome Powell for not cutting interest rates, threatening to fire him despite Powell's assertions that the Fed's independence is legally protected and that he would not resign under pressure. This action could lead to a legal battle over the Fed's in...

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Trump Seeks Powell's Dismissal Amid Supreme Court Case Threatening Federal Agency Independence

President Trump called for the dismissal of Federal Reserve Chairman Jerome Powell as the Supreme Court considers an appeal that could impact the independence of numerous federal agencies, including the Federal Reserve.

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Trump's Attack on Fed Chair Underscores Need for Central Bank Independence

President Trump's repeated public attacks on Federal Reserve Chairman Jerome Powell, including threats to remove him, highlight the importance of an independent central bank. Trump's actions are causing market uncertainty and potentially jeopardizing the economy's stability due to his conflicting ec...

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theglobeandmail.com
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Fed Holds Course Despite Inflationary Pressures

Amidst rising short-term inflation expectations driven by increased import tariffs, the Federal Reserve maintains its focus on long-term inflation control, even as long-term market-based inflation expectations are falling; conflicting signals complicate its approach.

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Trump Tariffs Spark Midwest Business Anxiety, Raise Concerns About Fed Independence

On April 20, 2025, Chicago Federal Reserve Bank President Austan Goolsbee discussed President Trump's increased tariffs on "Face the Nation." Goolsbee highlighted Midwest business anxieties, preemptive inventory increases, and the potential for artificially high short-term economic activity followed...

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Trump Considers Firing Federal Reserve Chair Powell

President Trump is considering firing Federal Reserve Chair Jerome Powell before his term ends in May 2026, despite legal uncertainty and potential economic consequences; this follows Trump's criticism of Powell's handling of interest rates and warnings about the economic effects of Trump's trade wa...

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Supreme Court Case Could Threaten Federal Reserve Independence

President Trump's call to terminate Federal Reserve Chair Jerome Powell coincides with a Supreme Court case deciding whether the president can remove agency heads without cause, potentially impacting the Fed's independence and the broader balance of power between the executive and independent agenci...

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Trump's Attack on Fed Chair Powell Threatens Economic Stability

President Trump's threats to remove Federal Reserve Chair Jerome Powell, coupled with a Supreme Court case that could grant the president more power to fire officials from independent agencies, threaten the Fed's independence and add to economic uncertainty caused by Trump's tariffs.

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cnn.com
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TikTok Becomes Battleground in US-China Trade War

Chinese suppliers are using TikTok to encourage US consumers to buy directly from their factories to avoid President Trump's tariffs, highlighting the extent of US reliance on Chinese goods and the impact of trade policies on consumer behavior.

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cnn.com
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US Retail Sales Soar on Pre-Tariff Buying Spree

US retail sales jumped 1.4% in March, the best month since January 2023, fueled by consumers rushing to buy goods before President Trump's tariff hikes take full effect; the increase was especially strong in car and auto part sales (5.3%).

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Showing 133 to 144 of 566 results