Jerome Powell

JEROME POWELL NEWS

ExplainSpeaking: Understanding US Fed’s dual mandate dilemma through 6 quotes from Jerome Powell

September 19, 2025 6:39 pm

Political pressures aside, the US Fed faces a difficult predicament with inflation and unemployment rising at the same time. Put simply, it cannot address one problem without making the other worse.

Donald Trump eyes new Fed Chair as he calls for Jerome Powell’s ouster

August 05, 2025 9:47 pm

Two sitting Fed governors, Christopher Waller and Michelle Bowman, have already broken with Powell on interest rate policy.

‘Stubborn moron’: Trump slams Powell, urges Fed board to assume control

August 02, 2025 1:38 pm

If he doesn’t "substantially lower rates,” Trump wrote on social media, “The board should assume control and do what everyone knows has to be done!"

RBI Governor Sanjay Malhotra: US Fed chair doing good job, central bank independence important

July 27, 2025 12:02 pm

“I don't think he needs advice. I think he is doing a very good job. Maintaining the independence of the central bank is very important. I think he has done a commendable job,” Malhotra said on Friday, when asked what advice he would give Powell to deal with Trump.

WATCH: Trump and Fed Chair Powell clash over renovation costs in unusual on-camera exchange

July 25, 2025 8:48 am

The fact-check came in real time, and on camera, as Trump handed Powell a folded piece of paper with the higher cost estimate.

Trump to visit Fed on Thursday, ramping up pressure on Powell

July 24, 2025 2:23 pm

The Republican president, during his first term, nominated Powell to lead the bank but has since soured on his pick over disagreements about interest rates and the economy.

Trump says Federal Reserve Chair Jerome Powell will be out in 8 months

July 22, 2025 10:49 pm

Trump said the Federal Reserve should lower the policy rate by 3 percentage points. The Fed’s current target range is 4.25 per cent to 4.50 per cent.

Trump says he’d ‘love’ if Fed Chair Powell resigns but firing ‘highly unlikely’

July 17, 2025 10:05 am

"I don't rule out anything, but I think it's highly unlikely unless he has to leave for fraud," the US President said.

Trump calls on Federal Reserve Chair Jerome Powell to 'resign immediately'

July 03, 2025 5:22 am

Trump has been repeatedly demanding the resignation of Powell and has intensified his pressure campaign, criticising the bank’s position to keep the rates steady.

Trump says he has ‘no intention of firing’ Fed Chair Jerome Powell, US markets jump

April 23, 2025 6:49 am

Trump had earlier called Powell a “major loser” in a post on Truth Social and had suggested that he could fire the Federal Chair for being rigid towards the interest rate issue.

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