President Donald Trump is frustrated that the Federal Reserve hasn’t lowered interest rates this year. At the biggest US banks, loan yields are steadily dropping anyway https://t.co/O7Y60ppd9r ...

The Trump administration is demanding the Federal Reserve slash interest rates. Ironically, that would likely cause your borrowing costs to rise, says @erietedeschi (via @opinion) https://t.co/xZhAd8Tb3j ...

Monetary Policy - Federal Reserve likely to maintain current interest rates to further curb inflation [1]

🇺🇸 TRUMP SAID INFLATION IS VERY LOW AND FED SHOULD CUT RATES BY 3 POINTS. https://t.co/FljnHJphSf ...

Fed Rate Policy & Inflation - The Fed is likely to lower rates, considering the downward trend of inflation approaching the 2% target [1] - High real rates are restraining the economy, suggesting a need for rate cuts [2] - The impact of tariffs on inflation is considered minimal and temporary, unlikely to significantly alter the Fed's course [3][4] - A potential one-time price jump from tariffs is expected, with the US being a relatively closed economy where services constitute 70% of the consumer basket [4] - Even a 20% tariff increase is projected to raise prices by less than 1 percentage point [4] - Dollar decline since February is adding to inflation pressure, potentially more so than tariffs [10] Labor Market & Economic Impact - The Fed is cautious about weakness in the labor market translating to unemployment [6] - Maintaining the unemployment rate in the 4-45% range is a key objective for both the President and the Fed [7] - Weakness in the labor market will drive the Fed's rate decision more than inflation [8] - Long-term interest rates significantly affect the economy, influencing housing and investment decisions [8] - The US government's deficit and spending policies are crowding out the economy, potentially hurting it more than other factors [9]

Kevin Warsh, a top pick to replace Powell as Fed chair, is finally ready to cut interest rates. The transformation comes as Trump's demands reach a fever pitch https://t.co/mB0IkrmV2v ...

Federal Reserve & Monetary Policy - President Trump considered nominating a replacement for Federal Reserve Chair Jerome Powell earlier than the typical transition period [1] - The concept of a "Shadow Fed Chair" is introduced as a way to potentially undermine the current Fed Chair's authority [2] - Trump expressed dissatisfaction with Powell for not lowering interest rates as much as desired [6] - Trump suggested interest rates should be as low or lower than 1%, significantly below the current range of 425% to 450% [9] Potential Risks & Challenges - Creating a "Shadow Fed Chair" may not be effective and could confuse financial markets [9][10] - The "chair in waiting" could face challenges in expressing views that align with both the President and market expectations [10][11] - Disagreements about policy could undermine the credibility of the Fed [13][14] Nomination & Confirmation Process - The President nominates members to the Federal Reserve Board of Governors, who are then confirmed by the Senate [4] - The Senate plays a crucial role in deciding whether a nominee has the right temperament to lead the Fed [19] - The confirmation process could be difficult, given the President's desire for someone who will align with his wishes [20] Potential Candidates - Kevin Warsh, a former Fed Governor, was considered for Fed Chair in 2017 [15][16] - Kevin Hassett, former Director of Trump's National Economic Council, is another potential candidate [16] - Other potential candidates include Scott Bessent and Fed Governor Chris Waller [17]

Federal Reserve Bank of Cleveland President Beth Hammack said she wants to see inflation lowered further before she’d support a cut in interest rates. https://t.co/TnSy0gVDSd ...

Over the weekend. The other development was more pressure, it would seem, on Fed Chair Powell. The NSC director, Kevin Hassett, spoke to ABC over the weekend on this point and whether the White House would explore firing Jay Powell.Here's what he had to say. Yes or no answer. Does the president, in your view, have the authority to fire the Fed chair.That's a thing that's being looked at, too. But certainly if there's clause, Tyler, they're looking at it. What kind of pressure is the Fed chair under right no ...

OM uh director Russ Vote is calling out Fed Chair Jay Pal, writing in an expost that Pal has grossly mismanaged the Fed. uh Russ Folult uh joins us now and and we'll talk about the the more maybe uh wide ranging uh issues in in terms of uh you know monetary policy then then we can get into I said maybe you know if I could print money Russ you heard what I said I' I might make Versailles I mean I might I'd have servants I'd have uh I don't think I could overspend on my facilities but we we probably don't we ...