Trump slams Jerome Powell after Fed holds rates steady

Trump slams Jerome Powell after Fed holds rates steady

U.S. Federal Reserve Chair Jerome Powell attends a press conference following the issuance of the Federal Open Market Committee’s statement on interest rate policy in Washington, D.C., U.S., June 18, 2025. Kevin Mohatt | Reuters President Donald Trump ripped into Federal Reserve Chair Jerome Powell on Thursday, calling him “destructive,” after the central bank kept interest rates steady on Wednesday….

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Fed holds key rate steady

Fed holds key rate steady

WASHINGTON – The Federal Reserve on Wednesday kept interest rates steady amid expectations of higher inflation and lower economic growth ahead, and still pointed to two reductions later this year. With markets expecting no chance of a central bank move this week, the Federal Open Market Committee kept its key borrowing rate targeted in a…

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The Fed is likely to keep rates the same, but give a forecast that moves markets. What to expect

The Fed is likely to keep rates the same, but give a forecast that moves markets. What to expect

Federal Reserve Chair Jerome Powell delivers remarks during the Division of International Finance 7th Anniversary Conference at the Fed on June 02, 2025 in Washington, DC. Chip Somodevilla | Getty Images Federal Reserve officials get to voice their outlook this week on the future path of interest rates along with the impact that tariffs and…

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Americans disapprove of Trump’s performance, as Republicans manage splits over spending plans

Americans disapprove of Trump’s performance, as Republicans manage splits over spending plans

President Donald Trump delivers remarks before signing a series of bills related to California’s vehicle emissions standards during an event in the East Room of the White House on June 12, 2025 in Washington, DC. Chip Somodevilla | Getty Images News | Getty Images President Donald Trump’s second-term approval rating remains stuck in negative territory, along…

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