'Why Would I do That?': Trump Again Rules Out a Powell Ouster at the Fed
Trump appeared to put to rest any lingering concerns that he might fire Federal Reserve Chairman Jerome Powell.
Trump appeared to put to rest any lingering concerns that he might fire Federal Reserve Chairman Jerome Powell.
Japan has no plans to threaten to sell $1 trillion-plus holdings of U.S. Treasuries, its finance minister said on Sunday, clarifying earlier remarks.
Minutes after the April employment report hit early Friday Trump seized on surprisingly strong job growth to ratchet up pressure on Fed Chair Powell.
The Federal Reserve is in a tough spot following new data Wednesday reinforcing slower economic growth and higher inflation during the first quarter.
Treasury Secretary Scott Bessent denied that the Trump administration is considering unilaterally slashing steep tariffs on Chinese imports.
Trump has been thinking about firing Federal Reserve Chair Jerome Powell for some time. But who would replace him, if it happens?
Jerome Powell delivered a clear message to markets this week: I'm not coming to the rescue.