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Items tagged with: InterestRates
Press conference with Federal Open Market Committee [#FOMC] Chair #JeromePowell at 2∶30PM ET∶
#FederalReserve #Fed #InterestRates #economy #money #Trump #tariffs #inflation #recession #trumpcession #Affordability #CostOfLiving
The #FederalReserve sets #MonetaryPolicy & #InterestRates, among other duties, & when #Congress established it, lawmakers worked to insulate it from #political #influence. Its leaders have 14-year terms & may be removed only “for cause.” But #Trump has increasingly attacked the #Fed, pressuring it to lower interest rates as well as trying to push out its chair, #JeromePowell, & fire board governor #LisaCook.