Opinion
Trump Is Stuck With the Fed’s Powell. Will He Make Peace?
Fortunately, there’s a clear way for him to mitigate that damage and start his term on the right foot with bond markets: He should declare his full faith in Federal Reserve Chair Jerome Powell, whose term runs until May 2026, and pledge to hold his tongue on matters of monetary policy.
Fed’s Jerome Powell says he would not step down if Trump asked for his resignation: ‘Not permitted’
Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald Trump asked for his resignation. When asked by reporters if he would resign per Trump’s request, Powell simply said: “No.”
Fed Chairman Jerome Powell's curt but clear response on whether he would step down from his job under pressure could set ...
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday in a move that preserves flexibility as ...
“No,” he said Thursday when asked about the matter during a news conference. Powell also said presidents removing members ...
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...
Will President-elect Donald Trump try to fire Jerome Powell before the Fed chairman's term ends? Don't bet on it, say ...
If inflation resurfaces because of the incoming administration's policies, the Fed’s likely to stay its hand in lowering ...
After all, the Fed's primary tool for fighting inflation has been rate hikes. While traders feel certain the Fed will deliver a 25-basis-point cut at the conclusion of this week's meeting, the outlook ...
The incoming president's reaction to the central bank could serve as an early indicator of how extensively he plans to reshape traditional government bureaucracy.
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