Federal Reserve

Trump Says Not Firing Fed Chair, but Not Ruling Out

This is Beirut, 16/07 20:45 - Reading : 3 minute(s)

United States Donald Trump Federal Reserve Jerome Powell

US President Donald Trump said Wednesday that he was not currently planning to fire Federal Reserve Chair Jerome Powell but added that he did not rule it out. Trump's mixed messaging, after months of escalating attacks on the independent central bank chief, sent the yield on the 30-year US Treasury bond surging above five percent. Asked about ...

Trump Administration Studying Option to Fire Fed Chair

This is Beirut, 18/04 18:20 - Reading : 1 minute(s)

Federal Reserve Donald Trump United States Jerome Powell

US President Donald Trump and his administration are studying whether dismissing independent Federal Reserve chief Jerome Powell is an option, his top White House economic aide said Friday. "The president and his team will continue to study that matter," National Economic Council director Kevin Hassett told reporters when asked if ...

Trump Threatens to Fire Fed Chair Jerome Powell

This is Beirut, 17/04 22:30 - Reading : 3 minute(s)

Donald Trump Federal Reserve Jerome Powell United States

US President Donald Trump on Thursday insisted that he could force out the head of the independent Federal Reserve, lashing out after Jerome Powell warned of tariffs-fueled inflation. Speaking to reporters at the White House, Trump said Powell would "leave if I ask him to." He added, "I'm not happy with him. I let him know it, and if I want him ...

US Stocks Fall as Market Awaits Fed's Rate Decision

This is Beirut, 2024-12-17 17:55 - Reading : less than a minute

Federal Reserve United States Financial Markets

Wall Street stocks pulled back early Tuesday ahead of a Federal Reserve decision on interest rates, as markets digested stronger than expected US retail sales. US retail sales rose 0.7 percent in November from a month earlier, up from a revised 0.5 percent in October and above analysts forecasts. The data came ahead of a two-day Federal Reserve ...

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