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Trump calls Fed Chair Powell an 'average mentally person'

Trump calls Fed Chair Powell an ‘average mentally person’ and says he’s working on replacements

President Donald Trump stepped up attacks on his handpicked Federal Reserve chairman on Wednesday, claiming Jerome Powell has “low IQ” and suggested that he has narrowed down the list of potential replacements to three or four people.

Crypto on The Street on MSN · 2h

Trump teases Fed Chair shake-up, says final pick down to 3 or 4

President Donald Trump said that he knew three or four individuals among whom he will pick the next Federal Reserve chair. Referring to the current Fed Chair Jerome Powell, Trump said, "He is an average mentally person. I'd say low IQ for what he does."

Reuters on MSN · 2h

Trump says he is considering three or four candidates for next Fed chair

President Donald Trump called Federal Reserve Chair Jerome Powell "terrible" and said he knows three or four people who are contenders for the next chair of the Federal Reserve.

Fed’s Powell repeats warning about tariffs

Associated Press News on MSN · 1h

Fed’s Powell repeats warning about tariffs as some GOP senators accuse him of bias

Federal Reserve Chair Jerome Powell said Wednesday that President Donald Trump’s sweeping tariffs will likely push up inflation in the coming months, even as some Republican senators suggested the chair was biased against the duties.

Bloomberg L.P. · 2h

Powell: Tariff-Driven Inflation a Big Question for Fed

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

Wall Street Journal · 10h

Powell: Fed Must Consider Costs of Being Wrong on Inflation

Federal Reserve Chair Jerome Powell said the central bank is taking a more cautious approach to the effects of President Trump’s tariff increases than it did in 2019 because recent increases in tariff rates are much larger and because the economy is coming off a period of much higher inflation.

33mon MSN

Fed Proposes Capital Rule Changes That Banks Have Been Fighting For

The Fed, OCC, and FDIC jointly proposed reducing what’s known as the enhanced supplementary leverage ratio, or eSLR, for the ...

2hon MSN

Fed kicks off effort to ease bank leverage rules

The Federal Reserve meets on Wednesday to advance a proposal that would ease leverage rules for banks, which would grant the ...

1don MSN

Fed officials are starting to break rank and join Trump

Some Federal Reserve officials are joining President Donald Trump in calling for lower interest rates as soon as July.

1don MSN

More top Fed officials are coming out in support of rate cuts next month. Here's what they're saying.

Several top Fed officials have voiced support for cutting interest rates in the week after the central bank's latest policy ...

13h

NY Fed’s Williams Says Monetary Policy Is Still Well Placed

New York Fed President John Williams said the central bank’s interest-rate stance is “entirely appropriate” as uncertainty ...

1hon MSN

Market Voices: Shell denies BP takeover talks, Fed's Powell, Hims

Shell (NYSE:SHEL) has denied a report that it is in talks to acquire oil rival BP (NYSE:BP). “This is further market ...

2hon MSN

Fed chief Powell is starting to worry about the reliability of economic data

Cuts to the Bureau of Labor Statistics could be clouding jobs and inflation data, complicating the Fed's data-driven rate ...

2hon MSN

Fed Chair Powell: The labor market and economy are solid, but we're watching unemployment closely

Fed Chair Jerome Powell testifies before the The Senate Banking, Housing, and Urban Affairs Committee on “The Semiannual ...

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Trump calls Fed Chair Powell an 'average mentally person'

Fed’s Powell repeats warning about tariffs

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