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The Latest Breaking News from Jerome Too Late Powell

‘Pattern of lawfare’: Trump is targeting opponents with mortgage fraud claims

First Letitia James, then Adam Schiff and now president has trained his ire on Lisa Cook, threatening to fire Fed governor

The Guardian - US

Peter Schiff Dismisses Trump Claim That Fed Rate Cut Will Help Homeowners, Says Maybe Jerome Powell Is 'Helping Housing'

Economist Peter Schiff challenged former President Donald Trump's claim that Federal Reserve Chair Jerome Powell is hurting the housing market by delaying rate cuts, arguing the opposite effect is more likely.

Benzinga

President Trump may want a lower base rate on behalf of consumers, but it sure is convenient for national debt too

While Trump frames the issue as consumer pain, Wharton’s Joao Gomes told Fortune that cheaper borrowing would also ease interest payments on the government’s $37 trillion debt burden—likely a central motivation.

Fortune

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Soft US Inflation Boosts Asia Markets

Japan's Nikkei hit a second record high in as many days Wednesday, as hopes of US interest rate cuts following soft inflation data cheered equity investors across Asia.

International Business Times

'Maybe, he ought to just focus on being a DJ': Trump rips Goldman Sachs CEO

Trump insisted "Trillions of Dollars are being taken in on Tariffs.” Several sources calculate the trillion-dollar mark to be years away.

Fortune

Trump threatens to sue the ‘loser’ he appointed for saving the economy from complete devastation

It's like Trump is trying to crash the economy on purpose.

We Got This Covered

Trump fumes and again insists companies pay tariffs not consumers as he bashes criticism of his plan

‘Consumers aren’t even paying these Tariffs, it is mostly Companies and Governments,’ Trump continues to claim.

The Independent UK

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Trump threatens ‘major lawsuit’ against Federal Reserve Chief Jerome Powell

US president has pressured Powell to lower interest rates and criticised him for the Federal Reserve’s renovation costs.

Al Jazeera

Trump Slams Powell, Defends Tariffs As Economists Eye Fed Cuts

U.S. inflation in July offered a split verdict for policymakers, with cooling headline prices but hotter core readings, fueling market bets on a September Fed rate cut and prompting President Donald Trump to publicly pressure Jerome Powell once again.

Benzinga

Trump threatens legal action against Powell over Fed HQ, demands immediate rate cuts as inflation holds steady

Trump returned to his sharp critiques of the Fed chair, saying: “Jerome ‘Too Late’ Powell must NOW lower the rate” after the inflation report came in a bit cooler than expected.

Fortune

Jerome Powell’s job just got a whole lot easier as inflation data sidesteps disaster

July inflation data suggests the FOMC’s dual mandate may not be in as much of a pickle as economists previously feared.

Fortune

Trump calls on Fed board to take control from Powell over interest rates

The US president has hurled insults at Jerome Powell, renewing calls for the Federal Reserve to slash interest rates.

Al Jazeera

Trump steps up attacks on Fed’s independence amid interest rates row

US president called on top Fed officials to seize control from chair Jerome Powell if he fails to cut interest rates

The Guardian - US

July Fed Meeting: Updates and Commentary

The July Fed meeting came and went, with Fed Chair Powell saying little about a September rate cut and President Trump.

Kiplinger

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International Business Times

Trump To Tour Fed As War On Central Bank Chief Ramps Up

Donald Trump is due to visit the US Federal Reserve Thursday as the president escalates his pressure on its chairman Jerome Powell over the central bank's management of the economy.

Kiplinger

Dow Jones Industrial Average Nears New Highs: Stock Market Today

The successor to the first stock market index is getting up there with the S&P 500 and the Nasdaq Composite in all-time-high territory.

People

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