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Trump says Powell costs US $900B a year in interest by not cutting rates. Is he right?
President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.
Treasury Secretary Bessent tiptoes around Trump's plans for new Fed chair
Treasury Secretary Scott Bessent says he "will go where the president thinks" he's "best suited" to serve, as calls grow for ...
US Treasury chief says he thinks Fed could lower interest rates by September
U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...
Fed Chair Jerome Powell blames Trump tariffs for high interest rates
The central bank chief said he believes the Fed board would have decided to lower rates further until Trump launched his ...
Fed Chair Powell confirms tariff concerns prevented interest rate cuts so far this year
Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...
'Should be here': Trump pens handwritten note to Powell demanding lower interest rates
President Trump detailed to Jerome Powell where he thinks interest rates should be set in a handwritten note escalating ...