Tag: Jerome Powell
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Trump vows to fire Jerome Powell again as he rails against the Fed chair
Overview: Trump’s latest critique of the Federal Reserve Former President Donald Trump rotated back to a familiar target on Monday, launching another blistering critique of Federal Reserve chair Jerome Powell. In remarks during a press conference, Trump called Powell a “fool” and hinted that he would like to fire him. The episode adds to a…
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Trump Says He’d Love to Fire Jerome Powell — Latest Fed Attack
Trump Targets Jerome Powell in Another Fed Criticism Former President Donald Trump escalated his ongoing feud with the Federal Reserve chair, Jerome Powell, during a press conference on Monday by labeling Powell a “fool” and hinting that he would like to remove him from his role. The exchange adds to a growing pattern of partisan…
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Trump Says He’d ‘Love to Fire’ Powell in Latest Fed Clash
Trump’s Latest Broadside at the Fed In a series of pointed remarks during a recent press conference, former President Donald Trump renewed his criticism of Federal Reserve Chair Jerome Powell, describing him as a “fool” and signaling that he would like to see him replaced. The comments add to a long-running public dispute over monetary…
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Fed Minutes Signal a Divided Path as Powell’s Era Nears Its End
Intro: A Fed in transition could reshuffle market expectations The minutes from the U.S. Federal Reserve Board’s October meeting point to a more divided, cautious, and potentially bolder path for monetary policy as Jerome Powell approaches the end of his eight-year term. While the chair has long been associated with consensus-building, the latest documents reveal…
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Trump Again Attacks Fed Chair Powell, Says He’d ‘Love to Fire’ Him and Pressures Treasury Ahead of Rate Decisions
Trump renews confrontation with the Federal Reserve President Donald Trump escalated his public criticism of Federal Reserve Chair Jerome Powell on Wednesday, renewing a provocative line he has used for months: that he would love to fire Powell. Speaking in rapid-fire remarks, Trump argued that Powell’s monetary policy has hindered economic growth and hurt consumer…
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Supreme Court Pauses Lisa Cook Removal from Fed Board
Overview: A temporary halt in a high-stakes clash The U.S. Supreme Court stepped in to pause Donald Trump’s bid to oust Fed Governor Lisa Cook, keeping the Biden‑appointed official on the Federal Reserve Board for now. In a brief, unsigned order, the court said it would hear arguments in January about whether Cook can be…
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US Stock Market Decline Driven by Valuation Concerns
Overview of the Decline in the US Stock Market The US stock market has faced a notable decline, with major indices closing lower amidst growing concerns regarding valuations. This drop follows a period where stocks had been reaching all-time highs, raising questions among investors about the sustainability of these levels. Impact of Jerome Powell’s Remarks…