Federal Reserve Chair Jerome Powell has explicitly stated that the central bank would have initiated interest rate cuts by now, had it not been for the significant impact of tariffs on U.S. monetary policy and subsequent inflation forecasts. This pivotal revelation, delivered at the European Central Bank’s Forum on Central […]
Tag: Jerome Powell
Trump Steps Up Pressure Campaign on Powell With Handwritten Note
Former President Donald Trump has significantly intensified his formidable pressure campaign against Federal Reserve Chair Jerome H. Powell, a dynamic underscored by the recent revelation of a handwritten note directed at the central bank head. This direct and highly unusual form of communication highlights Trump’s persistent and public demands for […]