News list for "Ask the Federal Reserve"
Nick Timiraos, the Fed's mouthpiece, wrote that Mr. Trump's rare visit to the Fed building on Thursday afternoon amounted to a political show aimed at ratcheting up pressure on the central bank as part of an unconventional campaign to tarnish the public image of Fed chairperson Jerome Powell and push for interest rate cuts.
Photo: US President Donald Trump gives a media interview with Federal Reserve Chairperson Jerome Powell during his visit to the Federal Reserve headquarters.
President Trump said he wanted Powell to lower interest rates during a visit to the Federal Reserve headquarters, while Powell, who stood aside, was expressionless. The market reaction to Trump's visit to the Federal Reserve was more muted. Earlier, the number of initial jobless claims fell, suggesting that the job market was stable and did not need the support of the Federal Reserve's interest rate cut. Trump's visit contrasts sharply with several other recorded presidential visits to the Feder...
White House: US President Donald Trump will visit the Federal Reserve on Thursday.
White House: US President Donald Trump will visit the Federal Reserve on Thursday.
