JUST IN: 🇺🇸 President Trump says Fed Chair Jerome Powell is keeping interest rates high for political reasons. https://t.co/e9XSY6rlFP ...

I just read a piece uh from uh from the op-ed that you wrote uh with Ben Bernanki. Yes. And then I followed up by saying that we had talked to Scott Besson and we had asked a similar question of of actually Elizabeth Warren recently which is if in fact Jay Powell were to be fired, ousted or otherwise pushed out, what would the market's reaction actually be.Well, I think we got a taste of that um when President Trump announced that he had shown a letter to Republicans uh that would call for Chair Powell's ou ...

I just read a piece uh from uh from the op-ed that you wrote uh with Ben Bernanki. Yes. And then I followed up by saying that we had talked to Scott Bessant and we had asked a similar question of of actually Elizabeth Warren recently which is if in fact Jay Powell were to be fired, ousted or otherwise pushed out, what would the market's reaction actually be.Well, I think we got a taste of that um when President Trump announced that he had shown a letter to Republicans uh that would call for Chair Powell's o ...

Joining us now, Semour White House correspondent Shelby Talcet and Financial Times columnist and provost of King's College Cambridge, Jillian Tet. Um, Shelby, what's behind this. Well, I think this all of course stems from the fact that interest rates aren't being lowered.We've heard the president talk about this for months. It is a clear thing that he wants. He wants those interest rates lowered.He's gone after Jerome Powell for months publicly and privately. And this is sort of, I think, you know, ratchet ...

inputs and at the end of the day it's his decision. Would you just offer up what your opinion would be uh on firing J Pal if the president were to do that. You think that would be a good idea or would you dissuade him from that.Uh look uh Joe, I I think that what we need to do is examine the entire Federal Reserve institution and whether they have been successful. He wanted no part of that direct question. That was Treasury Secretary Scott Besset.this morning on CNBC responding to a story in the Wall Street ...

Joining us now, the former chair of the National Economic Council of Adviserss under President Biden, Jared Bernstein. Welcome back, Jared. It's always good to see you.So, let's start with what the Commerce Secretary was talking about there and this kind of whiplash in the markets last week to news that Trump considered firing Federal Reserve Chair Jerome Powell. Markets then dropped, but Trump backed off, saying it was highly unlikely, but he doesn't rule it out. So, the Wall Street Journal reports Treasur ...

Donald Trump's attacks on the Fed are not just about its chairman, Jerome Powell. In fact, they're not really about Jerome Powell at all. The attacks are about whether we still believe America's central bank should be insulated from political interference.It's about turning one of the most trusted financial institutions in the world into a partisan weapon. And it's understandable if you don't think that much about the Fed at all. But the consequences of Trump's relentless attacks on Powell are more dangerou ...

Dimitar Radev, who’ll help set euro-zone interest rates from next year, has seen more than his fair share of political upheaval https://t.co/6e4DLooI5Q ...

.@SteveForbesCEO calls out Fed Chair Jerome Powell for "playing politics" on refusing to cut interest rates, which not only damages the economy but hurts the U.S. dollar. #WhatsAhead https://t.co/DClZY8DEkF ...

I want to kick off the conversation with the fact that the Fed has been waiting to see what the impact of tariffs will be on inflation over the summer months before charting a course forward on interest rates. And we got the first reading of that this week with the June CPI. We saw that tick up a tenth of a percentage point to 2.9%.That was up from 2.8% previously. Are you seeing any indication that tariffs are pushing up inflation now. I think you saw it on goods.If you look at the core goods inflation, es ...