Tag Archives: Federal

Trump claims he can fire Federal Reserve chair ‘if I want him out’

U.S. President Donald Trump attacked U.S. Federal Reserve Chair Jerome Powell on Thursday for not cutting interest rates and said he could fire him if he wanted to, renewing a threat from his first term that could cause a major legal showdown over the issue of the central bank’s long-standing political independence. CBC | World News

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U.S. Federal Reserve expected to hold rates steady

The U.S. Federal Reserve is expected to hold interest rates steady on Wednesday as it awaits further inflation and jobs data and more clarity on the economic impact of President Donald Trump’s policies before deciding whether to cut borrowing costs again. CBC | World News

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