Trump, Powell and Fed
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The central bank is poised to hold interest rates steady this month, but there could be a path to cut as early as September.
U.S. President Donald Trump said Wednesday he is not planning to fire Federal Reserve Chair Jerome Powell even as he unleashed a fresh round of criticism against the central bank chief and declined to completely reject the possibility of ousting him.
Federal Reserve Chair Jerome Powell defended the bank's $2.5 billion headquarters renovation budget amid feud with Trump over interest rates.
President Donald Trump launched a new verbal assault against Federal Reserve Chairman Jerome Powell on Friday, calling him “one of my worst appointments.” The president’s feud with the Federal Reserve head continued on Friday,
Federal Reserve Chair Jerome Powell pushed back Thursday on GOP criticisms regarding renovation costs for two buildings in Washington, suggesting the upgrades are overdue. “The project is large in