Tag #Jerome Powell

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cbsnews.com
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US Inflation Creeps Up in June, Reaching Highest Level Since February

The June Consumer Price Index (CPI) rose 2.7% annually, exceeding forecasts and marking the highest since February, driven by increased prices in food, energy, and tariff-sensitive goods; experts predict further inflation.

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us.cnn.com
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Fed Chair Powell Faces Calls for Dismissal Amid $2.5 Billion Renovation Controversy

Federal Reserve Chair Jerome Powell faces calls for his dismissal amid a $2.5 billion headquarters renovation plagued by cost overruns attributed to unforeseen circumstances such as asbestos, soil contamination, and a high water table, prompting an additional review by the central bank's inspector g...

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60% Bias Score

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smh.com.au
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RBA Governor Defies Expectations, Holds Interest Rates Steady

RBA Governor Michele Bullock defied market expectations and held interest rates steady this week despite positive monthly inflation data and slowing rent growth, drawing criticism but potentially paving the way for a rate cut next month.

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56% Bias Score

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theguardian.com
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Trump's Potential Early Fed Chair Announcement Sends Dollar to Three-Year Low

The dollar dropped to a three-year low after reports that President Trump might announce Jerome Powell's replacement as Federal Reserve chair as early as this summer, sparking concerns about political interference in monetary policy.

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48% Bias Score

Reduced Inequality
smh.com.au
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Trump's Next Fed Chair: Bessent or Warsh?

President Trump is expected to soon name either Treasury Secretary Scott Bessent or former Fed governor Kevin Warsh as the next Federal Reserve chair, replacing Jerome Powell in May 2026; the decision raises concerns about maintaining the Fed's independence from political influence.

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52% Bias Score

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cincodias.elpais.com
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U.S. Inflation Unexpectedly Moderates Despite Trump Tariffs

U.S. April CPI unexpectedly moderated to 2.3% year-on-year, defying expectations amid new Trump tariffs; analysts cite importers absorbing costs or pre-tariff imports, impacting Federal Reserve policy.

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nbcnews.com
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Fed's $2.5 Billion Building Project Under Internal Review Amidst White House Criticism

The Federal Reserve's $2.5 billion building renovation in Washington, D.C., is under scrutiny from the White House for alleged mismanagement and cost overruns, prompting an internal review by the Fed's inspector general.

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56% Bias Score

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theglobeandmail.com
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White House Intensifies Pressure on Federal Reserve Chairman

The White House is escalating its pressure campaign against Federal Reserve Chairman Jerome Powell, targeting a renovation at the central bank's headquarters to force him to lower interest rates or resign, potentially jeopardizing the Fed's independence.

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52% Bias Score

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theglobeandmail.com
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Trump Administration to Replace Federal Reserve Chair Jerome Powell This Fall

Treasury Secretary Scott Bessent announced the Trump administration's plan to replace Federal Reserve Chairman Jerome Powell this fall, citing disagreements over interest rates and the impact of tariffs, despite the Federal Reserve Act stating that the Fed chair must devote their entire time to the ...

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64% Bias Score

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cincodias.elpais.com
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Powell Defends Fed's Stance Against Trump's Rate Cut Demands

Federal Reserve Chairman Jerome Powell testified before Congress on Tuesday, resisting President Trump's calls to lower interest rates immediately, citing inflation concerns despite a strong economy; the Fed held rates steady at 4.25%-4.5% last week.

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36% Bias Score

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cbsnews.com
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Powell Warns of Persistent Supply Shocks Amidst Trade Uncertainty

Federal Reserve Chair Jerome Powell warned Thursday of potential persistent supply shocks, impacting the economy and central banking, following a 60% drop in container bookings from China to the U.S. post-tariff increases, according to Flexport, and the Fed's decision to hold interest rates steady a...

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48% Bias Score

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nrc.nl
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Fed Rejects Trump's Rate Cut Demands Amid Trade War Uncertainty

The Federal Reserve maintained interest rates at 4.25-4.5 percent on Wednesday, defying President Trump's repeated calls for a reduction, citing economic uncertainty stemming from Trump's trade policies, which are increasing inflation while threatening economic growth and employment.

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40% Bias Score

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Showing 49 to 60 of 94 results