President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May 7 meeting, calling him a "fool" for acting "too late" in cutting the central bank's benchmark rate.

The Federal Reserve arguably saved the US from a recession in 2024: Fed chair Jerome Powell calibrated interest rates to gradually bring down inflation without triggering an acute slowdown in economic growth.

Fact checked by Stella Osoba As President Donald Trump escalated attacks during his second administration on U.S. Federal Reserve Chair Jerome H. Powell—calling him a "major loser" and suggesting his "termination cannot come fast enough"—the Fed chair's role has become as politically charged as it is financially consequential for everyday

The post shows Trump continuing his efforts to influence the central bank’s decision-making process, challenging its long-held independence from the executive branch.

The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need to be in a hurry. We think we can

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The Fed is expected to leave interest rates unchanged Wednesday, choosing caution as President Trump’s trade upheaval rattles markets and clouds the outlook for inflation and growth.

President Trump appeared to put to rest any lingering concerns that he might fire Federal Reserve Chairman Jerome Powell, ruling that possibility out in an NBC interview that aired Sunday. 'Why would I do that?

The Fed’s rate stance is under fire amid Trump tariffs and inflation fears, testing its independence. Find out how this could impact the economy and markets.

The Federal Reserve opted to leave interest rates unchanged on Wednesday, citing heightened risks of rising inflation and slowing growth, which have prompted renewed warnings about stagflation.