The Latest Breaking News from Jerome Powell

Markets Weigh Earnings and Inflation: Stock Market Today

The major U.S. indexes struggled Thursday amid a hot inflation reading and seasonal headwinds.

Kiplinger · Aug 14, 2025

BlackRock exec Rick Rieder says this is the ‘best investing environment ever.’ He’s conveniently in the running for next Fed chairman

While Rieder’s dovish stance aligns with President Trump’s, the BlackRock exec’s acknowledgment of tariff-driven inflation may test his appeal at the White House.

Fortune · Aug 14, 2025

Bessent Wants Aggressive Fed Rate Cuts: 'We Should Be 150-175 Points Lower'

U.S. Treasury Secretary Scott Bessent said interest rates are too restrictive and signaled the Trump administration supports an aggressive monetary easing cycle beginning as soon as September.

Benzinga · Aug 13, 2025

Trump doubles down on stance that customers will not have to pay price of tariffs

IN FULL

The Independent UK · Aug 12, 2025

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 · Aug 12, 2025

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 · Aug 12, 2025

Nasdaq 100, S&P 500 Hit New All-Time Highs, Airlines Jump: What's Moving Markets Tuesday?

Wall Street is in full rally mode after July’s inflation data eased fears that tariff-related cost pressures were widespread. The headline Consumer Price Index (CPI) came in below expectations, holding steady at 2.7% year-over-year and fueling speculation of upcoming interest rate cuts.

Benzinga · Aug 12, 2025

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 · Aug 12, 2025

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 · Aug 12, 2025

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 · Aug 12, 2025