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Trump urges Fed board to 'ASSUME CONTROL'

Reuters on MSN · 10h

Trump: Fed board should assume control if Powell won't lower interest rates

U.S. President Donald Trump on Friday urged the Federal Reserve board to assume control if Fed Chair Jerome Powell continues to refuse to lower interest rates.

The Associated Press - Busines… · 2h

Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell

WASHINGTON (AP) — President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting short-term interest rates.

Washington Examiner on MSN · 3h

Trump calls on Fed board to assume control if Powell refuses to lower interest rates again

Wednesday’s decision to keep rates steady wasn’t made unilaterally by Powell, but instead by all board members. Trump’s call for the board to “assume control” is already true, as the board already has control. Unfortunately for the president, they exercised their control to keep interest rates steady.

2hon MSN

Shockingly bad jobs report reveals a monthslong stall and may trigger Fed rate cuts soon. ‘Powell is going to regret holding rates steady’

U.S. payrolls grew by just 73,000 last month, well below forecasts, but downward revisions to prior months stunned Wall ...

2hon MSN

The Fed’s September Rates Decision Just Got More Complicated

Before Friday, traders saw only a 38% chance of a rate cut at the Fed’s September meeting. After the numbers dropped, odds ...

30m

Trump to appoint new Fed board member after governor Kugler announces resignation

Federal Reserve governor Adriana Kugler is stepping down from the central bank's board, giving President Donald Trump the ...

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