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Trump vs Powell: Who will drive the stock market as the Fed holds its first meeting of the year? Story by Isabel Wang • 2w. T he Federal Reserve’s first policy meeting of 2025 this week may ...
Trump blasts Fed Chairman Jerome Powell for doing a 'terrible job' on interest rate as he heads to Texas to see flood damage.
President Trump wants to fire Fed Chair Jerome Powell, who says he doesn’t intend to quit before the end of his term next year. If Trump does try to fire him, he’ll see Trump in court.
Trump’s criticisms didn’t sit well with the stock market, causing it to tumble sharply as investors worried Trump might fire Powell. All the major indices were down roughly 2.4% and 2.5% as a ...
For Powell to give the Fed a role in mitigating Trump’s expressed economic ignorance reveals Powell as Trump’s equal on the matter of economics, and equally delusional.
Investors should brace for potential fireworks, as the sequel to the Trump-vs-Powell drama may soon be underway as the Federal Reserve holds its final meeting of 2024 on Dec. 18, 2024.
But even if Trump does get a green light and Powell leaves the Fed altogether, the path to lower rates isn't direct. In what UBS Chief Economist Paul Donovan has called an "in extremis" case, the ...
On the monetary front, Trump’s public feud with Powell continues to escalate, with the president blaming the Fed for slowing ...