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Trump's Clash With Fed Chair Powell Over Interest Rates Could Backfire in the Mortgage Market
On Monday morning, Trump again lashed out at Powell on his Truth Social, calling the Fed chair "a major loser" and demanding he lower interest rates "NOW." The stock market, which had begun to calm from tariff-induced panic, quickly plunged, with the S&P 500 closing down 2.3%.
The Chicago Fed National Activity Index ("CFNAI") fell -0.03 in March, reversing from +0.24 in February, which was revised ...
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"When there is interference over the long run, it's going to mean higher inflation, it's going to mean worse growth and ...
Austan Goolsbee, the Chicago Fed chief, defended the central bank's independence in a Sunday morning talk-show interview.
Chicago Federal Reserve President Austan Goolsbee has underlined the need to wait for policy action on tariffs before jumping ...
President Donald Trump’s significant policy changes, including on tariffs, are unlike anything seen in modern history, ...
Anna Paulson will get a turn voting on the Federal Reserve’s rate-setting committee next year.
Donation Options Search Search Search Federal Reserve Chairman Jerome Powell spoke to the Economic Club of Chicago Wednesday. Manuel Martinez/WBEZ Share Federal Reserve Chairman Jerome Powell ...
Federal Reserve Chair Jerome Powell said in a speech today that President Trump's tariffs are likely to boost U.S. inflation.
Anna Paulson, a career economist at the Federal Reserve’s Chicago bank, takes over in Philadelphia as President Trump is ...
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