But the attack comes at an especially fraught moment for the Fed, experts say, with the Trump administration challenging restraints that prevent the president from firing board members of ...

WASHINGTON, April 18 (Reuters) - White House economic adviser Kevin Hassett on Friday said President Donald Trump and his team were continuing to study if they could fire Federal Reserve Chair ...

The Fed is an independent government agency established by Congress. President Donald Trump on Thursday sharply criticized Federal Reserve Chair Jerome Powell, urging the central bank to lower ...

Fed policymakers are likely to continue holding rates steady despite a cooler reading on inflation for the month of March, due to the risk that prices could pick back up in the coming months as ...

But the president continued ripping into the Fed chief later Thursday, in an Oval Office meeting, piling on political pressure for Powell to lower interest rates. Ahead of an expected rate ...

Mr. Trump has long sought to exert control over the politically independent Fed, often denouncing Mr. Powell for keeping interest rates too high for his liking. In an early morning social media ...

The comments by Goolsbee, who was once a top economic adviser to President Barack Obama, were especially noteworthy since Fed officials usually avoid publicly weighing in on presidential decisions.

With Trump’s tariffs predicted to both increase inflation and slow the economy – leaving the Fed torn between its two missions - Powell reiterated that the central bank’s main job is to keep ...

Hassett’s exchange with the press came a day after Trump ramped up a long-simmering feud with the Fed chair, accusing Powell of “playing politics” by not cutting interest rates and asserting ...

Source: Bloomberg Television During crypto’s difficult years, which culminated in 2022 and 2023 with several high-profile business failures, the Fed “worked with Congress to try to get a ...

Jerome Powell delivered a clear message to markets this week: I'm not coming to the rescue. The chair of the Federal Reserve used an appearance at the Economic Club of Chicago to say in no ...

Fed officials said tariffs could raise consumer prices, stoking inflation, slowing the economy, and costing jobs. Rising inflation and unemployment would force the Fed to choose between fighting ...