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Powell, Trump and Fed Rate
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1hon MSN
Powell has said politics don't play a part in Fed rate decisions. He and his colleagues have held the key overnight borrowing rate in place since December, though markets largely expect a cut is on the way not at the Fed's July meeting, but in September.
7hon MSN
White House budget director Russell Vought said in a social media post that Jerome Powell 'has grossly mismanaged the Fed' as he published a letter sent to the central bank chairman raising concerns about renovations of the institution's Washington offices.
A broadside by Office of Management and Budget Director Russell Vought opened up a new front in Trump’s war of words against Powell.
The White House accuses the Fed chair of potentially "violating the law" in his renovation of the central bank's Washington, D.C., headquarters.
Russell Vought, director of the Office of Management and Budget, said Federal Reserve Chair Jerome Powell "has grossly mismanaged the Fed."
President Donald Trump's "reciprocal" tariffs and threats to fire Federal Reserve Chair Jerome Powell might all be part of a magic trick "that makes the illusion work," say Mizuho economists. Magician
Wakefield Trinity's Daryl Powell says comments made by Hull FC counterpart John Cartwright at half-time influenced the referee.
Also in today’s newsletter, Reeves puts reform of UK cash ISAs on hold and Google is to agree cloud discount with US government
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