JEROME POWELL
Democrats’ Senate win could shield Federal Reserve from Trump’s influence, but risks persist
Democrats’ midterm victory could strengthen the Federal Reserve’s independence by limiting President Donald Trump’s ability to appoint allies to its board. A Democrat controlled Senate could also intensify scrutiny of Fed Chair Kevin Warsh, with Elizabeth Warren likely to lead the Senate Banking Committee and challenge the administration’s banking reforms.
A teacher’s maternity leave side hustle made $125,500. Now her old worksheets still earn thousands
A kindergarten teacher turned a maternity leave side hustle into a business that generated $125,500 in 2022. Her online store sells educational worksheets to other teachers, and some of the resources she created years ago continue to bring in thousands of dollars in income.
Fed expected to pause rate hikes ahead of US midterms
The US Federal Reserve's upcoming meeting is expected to result in steady interest rates. High inflation continues to challenge economic policies, with rates anticipated to rise later this year. The Federal Open Market Committee will analyze data amidst political considerations ahead of the midterm elections. Analysts believe that while inflation remains a concern, a cautious approach will likely be taken.
US midterm election 2026: How Air Force One has become Donald Trump's most potent trump card in upcoming polls
US midterm elections 2026: President Donald Trump is surrounded on these trips by White House and external consultants making strategic choices for the midterms. The goal of Trump's travel over the past month has been to help Republicans keep control of Congress.
Who's on Air Force One? Trump's midterms entourage includes strategists, aides and aging athletes
President Donald Trump is actively campaigning across the United States aboard Air Force One to support Republican candidates. He travels with a diverse entourage including aides, Cabinet members, and celebrities. High-profile passengers such as Mike Tyson and Floyd Mayweather Jr. have joined him on some flights. Trump's travel aims to strengthen Republican positions in upcoming elections. His entourage provides strategic advice and reinforces his messaging at rallies.
Fed expected to hold rates steady days ahead of US midterms
The US Federal Reserve appears set to hold interest rates steady at its meeting next week, analysts say, despite stubbornly high inflation and with markets pricing in at least one rate hike before year-end. The Fed has missed its long-term two-percent target for inflation for more than five years, and at its last meeting in September the FOMC voted to raise the key federal funds rate for the first time in three years, lifting the target range to 3.75 percent to 4.0 percent.
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There's a reason Trump is the only one talking about 1% interest rates
President Donald Trump is calling for the Federal Reserve to slash interest rates to 1%, a move that analysts fear could destabilize global markets. With mortgage rates and the prices of essential goods surging, the administration is under fire for rising inflation as midterm elections draw near. Some allies are backing Fed Chair Kevin Warsh despite Trump's demands, while polls show economic concerns are pivotal for voters this election cycle.
'In our lane': Fed's Warsh defies Trump but still fighting for credibility
US Federal Reserve chair Kevin Warsh delivered the interest rate hike this week that many economists think surging inflation required, defying President Donald Trump -- but questions about the central bank chief's credibility linger. The White House insists that any inflation is due to the previous administration, with Trump advisor Kevin Hassett saying earlier this week that there was no need for a rate hike to tackle it.
Trump may not see another rate cut as president
The Federal Reserve has made headlines by increasing its policy rate target range, amid calls from President Trump for lower interest rates within the country. Market analysts are now predicting further increases in the coming months, influenced by ongoing geopolitical issues and inflation worries. Such dynamics hint that interest rates might remain high for the foreseeable future.
Trump calls Fed board ‘very political’ and ‘doing the wrong thing’ after first rate hike in 3 years
Trump has renewed pressure on the Federal Reserve, demanding rates of 1% or lower shortly after the central bank raised its benchmark rate to 3.75%-4% to tackle persistent inflation. The move has put Fed Chair Kevin Warsh, Trump’s own appointee, in the spotlight, as Warsh defended the hike and warned that inflation remains too high. The clash also highlights tensions over the Fed’s independence, with Trump linking interest rates to US trade deficits and continuing his broader criticism of officials he has appointed.
Fed raises rates despite Trump pressure, signals another hike likely in 2026
In a bid to tackle ongoing inflation, the US Federal Reserve has raised interest rates by twenty-five basis points. Policymakers are predicting at least one additional hike in the upcoming months. As inflation affects various sectors, the Fed is working towards achieving its two percent goal. This move is likely to generate discontent from President Donald Trump.
US Market: Fed’s Warsh faces tough rate call as inflation remains sticky
Federal Reserve Chair Kevin Warsh is under pressure to balance persistent inflation with calls from President Donald Trump for lower or unchanged interest rates. Markets expect the Fed to raise rates at Wednesday’s meeting as inflation remains above its 2% target. The Fed’s preferred inflation gauge rose to 3.7% in July from 2.3% in April 2025, while core inflation increased to 3.3%, reinforcing concerns over continued price pressures.
Dalal Street faces a double whammy of Fed rate hike, soaring bond yields. Are Sensex and Nifty heading for a bigger crash?
Dalal Street faces pressure from rising US bond yields and expectations of a Federal Reserve rate hike, raising concerns over equity valuations and foreign flows. However, analysts say the impact may depend on earnings growth, currency movements and global liquidity, with some arguing that higher yields need not necessarily trigger a sharp market correction.
Decision Day Guide: Fed seen hiking interest rates in defiance of Trump
The Federal Reserve is expected to raise interest rates for the first time since 2023, responding to persistent inflation and recent hotter-than-expected data. The move could strain Chairman Kevin Warsh’s relationship with President Donald Trump. Policymakers may signal further hikes, while dissenting views within the Fed could complicate Wednesday’s decision.
Trump the economist gets this one right
Donald Trump advocates for the world's lowest interest rates, citing America's strong credit standing. However, global central banks face rising inflation, making rate cuts unlikely. Trump's trade policies and geopolitical actions have contributed to this inflationary pressure. He may influence future rate decisions after Jerome Powell's departure from the Fed.
'This is the test': All eyes on US Fed to tackle high inflation
The US Federal Reserve goes into a key rate-setting meeting this week with markets expecting policymakers to pull the trigger on a rate hike to tackle persistently high inflation -- and analysts say central bank chief Kevin Warsh's credibility is on the line. In recent weeks, however, several Fed policymakers -- including Warsh himself -- have hinted that if inflation does not show clear signs of slowing, the central bank will have to act by raising interest rates.
Aswath Damodaran calls Fed rate debate pointless, says stock market adapts quickly to higher rates
Aswath Damodaran argues that the Federal Reserve’s interest-rate debate is overemphasized, saying corporate earnings and fundamentals will ultimately drive US stocks. Rising Treasury yields, $40 trillion debt and inflation fears remain concerns, but stronger earnings have helped equities remain resilient.
Donald Trump eyes four more chances to reshape Fed; seeks Cook’s removal over mortgage document
President Trump seeks to increase his influence over the Federal Reserve. Court challenges and Senate resistance have met his efforts so far. Several personnel decisions and legal battles could determine his future influence. The Lisa Cook case and Jerome Powell's term ending present key opportunities. These outcomes will shape Trump's impact on monetary policy.
Donald Trump threatens to fire Fed Chair Jerome Powell after May 15, $3–4 billion building probe and Senate delay deepen crisis
US President Donald Trump has warned he may remove Jerome Powell after May 15. The issue is linked to interest rates, a costly building project, and an ongoing investigation. Delay in confirming a new chair is making things unclear. The situation is creating tension around the Federal Reserve leadership and future decisions.
Higher tariffs have begun to push up prices, Powell sounds alarm as he cites inflation data
Jerome Powell on Friday hinted that Fed may cut rates soon but gave no hint on the timing of a move. He suggested the central bank will proceed cautiously as it continues to evaluate the impact of tariffs and other policies on the economy. Powell said that there are risks of both rising unemployment and stubbornly higher inflation.
Jerome Powell says long-awaited rate cuts could be coming soon as Trump admin ramps up pressure
Federal Reserve Chair Jerome Powell hinted at potential interest rate cuts due to rising downside risks to employment. Despite stable unemployment, the Fed will carefully evaluate jobs and inflation data. The possibility of Trump’s tariffs having only a short-lived effect on inflation is “reasonable.” The Fed's next meeting in September will be crucial in determining policy adjustments.
'Stubborn moron' Powell must lower interest rates: Trump warns 'if he continues to refuse...'
Donald Trump has once again launched scathing attacks on Federal Reserve Chairman Jerome Powell for maintaining steady interest rates. Trump, in a Truth Social post, labeled Powell a "stubborn moron" and demanded immediate rate cuts. He suggested the board should intervene if Powell persists, accusing him of harming the country and being politically motivated, despite the Fed's decision to hold rates steady.
Jerome Powell resignation: Is the Fed Chairman quitting? Social media abuzz with rumors — what's the truth?
Rumors on social media claimed that US Fed Chair Jerome Powell might resign, but there’s no proof. A betting site shows low chances of him quitting, and the Fed hasn’t commented. This comes after Trump told Powell to cut interest rates, but Powell disagreed.
'Virtually no inflation': Trump mocks Jerome Powell as 'Mr Too Late,' calls Fed chairman a 'major loser'
Donald Trump criticized Federal Reserve Chair Jerome Powell. Trump wants lower interest rates. He believes this will address economic concerns. Trump called Powell a 'major loser'. He thinks the central bank should make 'preemptive cuts'. Trump's comments come amid market reactions to his tariffs. Gold prices have soared. Nations are negotiating with Washington over trade.
As Trump vs Powell escalates, the battle for economic control heats up. What are its implications on Fed's independence?
Donald Trump is increasing pressure on Federal Reserve Chair Jerome Powell. A Supreme Court case could allow the president to fire him. This occurs amid economic uncertainty caused by Trump's import taxes. Economists worry about political interference with the Fed. Trump suggests he can remove Powell quickly. The Fed's independence is crucial for managing the economy and inflation.
Trump cannot say 'you are fired' to Fed chair Jerome Powell amid economic tensions. Here's why
President Donald Trump took aim at Federal Reserve Chair Jerome Powell on Thursday. Trump wrote in a social media post that Powell should be cutting interest rates and adding that his "termination cannot come fast enough." But the question remains can Trump fire Fed Chairman Jerome Powell? And if he attempts to do so, what will be the consequences?
Jerome Powell says Trump can’t fire him. That might change
President Trump's dismissal of two Democratic FTC commissioners challenges a 1935 Supreme Court decision that protects independent agency members from removal. This action raises concerns about the potential impact on the Federal Reserve's independence, which is critical for maintaining global financial stability and low inflation.
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