Jerome Powell

Trump Slams Fed Powell, ‘Too Late, Too Costly’

President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell on Monday, slamming the central bank for refusing to cut interest rates despite falling inflation. Trump accused Powell and the entire Federal Reserve Board of costing the U.S. economy “trillions” in unnecessary interest costs.

Lies, Marble, and Rooftop Gardens: Fed Chair Caught in $2.5 Billion Luxury Scandal

A renovation of the US central bank headquarters in Washington, D.C. is drawing outrage as Federal Reserve Chair Jerome Powell stands accused of misleading Congress about a $2.5 billion revamp at the Federal Reserve’s Washington headquarters.

Federal Reserve Holds Steady, Declines to Cut Interest Rates Amid Mixed Signals

The Federal Reserve announced on June 18, 2025, that it will maintain its benchmark interest rate at 4.25–4.5% for the fourth consecutive meeting.

Fed Chair Powell Didn’t See This Move Coming

President Donald Trump renewed his threat to fire Federal Reserve Chair Jerome Powell, escalating a standoff with the central bank over interest rates and economic policy. Speaking from the Oval Office Thursday, Trump criticized Powell for not cutting rates and declared, “If I want him out, he’ll be out of there real fast, believe me.”

U.S. Stocks Plunge After Fed Cuts Rates and Signals Slower Reductions

U.S. stocks fell sharply on Wednesday, erasing earlier gains after the Federal Reserve announced a 25 basis point rate cut and projected a slower pace of rate reductions for next year.

Tech Rally and Powell’s Optimism Drive U.S. Stock Indexes to Record Highs

All three major U.S. stock indexes closed at record highs on Wednesday, fueled by a strong rally in technology shares and encouraging comments from Federal Reserve Chair Jerome Powell. Salesforce’s positive earnings report and upbeat market sentiment contributed to the surge, while Powell’s remarks on the economy provided an additional boost.

Trump Vows to Make the U.S. the ‘Bitcoin Superpower of the World’

Former President Donald Trump said over the weekend that he plans to make the United States the "crypto capital" and "bitcoin superpower of the world."

Central Bank Digital Currency a ‘Key Duty’ of Federal Reserve

The U.S. Federal Reserve shared with Congress that one of its "key duties" is to establish a central bank digital currency (CBDC).

Data Distrust: Declining Survey Participation Sparks Concern Over Government Statistics

Mark Twain's timeless observation rings true: "There are three kinds of lies: lies, damned lies, and statistics." Yet, the skepticism toward government-published statistics is...

Fed Chair Powell Optimistic on Economy, Indicates Potential Rate Adjustments

Federal Reserve Chair Jerome Powell stated in an interview aired Sunday night that the Fed is set to reduce interest rates three times this...

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