
Powell Under Fire: Fed Rate Policy & Trump’s Pressure
Jerome Powell faces criticism over Fed rate policy, Trump's tariff impact, and allegations of misleading Congress about Fed spending. Future rate cuts depend on economic data analysis.
Jerome Powell faces criticism over Fed rate policy, Trump's tariff impact, and allegations of misleading Congress about Fed spending. Future rate cuts depend on economic data analysis.
Fed officials debate rate cuts amidst economic uncertainty and political pressure. Powell emphasizes a cautious, data-driven approach, while others advocate for earlier action. Inflation and tariffs remain key factors.
As of today, I believe it is important to start the rate cutting process at our next meeting," Federal Reserve Governor Christopher Waller said in a Sept. 6 speech at the University of Notre Dame.