Trump pressures the central bank to lower interest rates, while Powell speaks at an event hosted by the Kansas City Fed.
1 report, 1 independent
Updated Aug 22
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What happened
Trump pressures the central bank to lower interest rates, while Powell speaks at an event hosted by the Kansas City Fed.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- The confluence of academic work between Bernanke and Gertler, political pledges from Trump, and the FOMC's role in rate setting are discussed.Sub-event
Trump pressures the Fed regarding rate cuts, impacting FOMC decisions.1 source
Keep exploring
Part of
The article discusses how Trump's tariff policy is causing market uncertainty regarding the impact of Federal Reserve rate cuts on S&P performance.Also in this story
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- The Federal Reserve is providing guidance while the Trump administration's investigation leads to higher tariffs impacting trade from Vietnam.
The entities involved
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FED
business
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Donald Trump
American businessman and politician (born 1946), President of the United States (2017–2021; since 2025)
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Jerome Powell
president of the FED
Related events
- The FED held an FOMC meeting to set rates, signaling effects on chip stocks and ETF performance, while Trump nominated a successor for Powell.
- Trump pressures the Fed to lower rates and appoints a new FOMC chair amid economic fallout from the Iran conflict.
- A Fed governor spoke at a summit hosted by the Federal Reserve Bank of Chicago.
- The article discusses the Federal Reserve, Jerome Powell's role as Chair, and market caution ahead of rate decisions, specifically mentioning Oxford Industries and Monster Beverage.
- BNP Paribas chief economist provided commentary regarding current Federal Reserve policy.
Coverage
Newest first; wire copies grouped- CBS NewsStock futures tilt up ahead of Fed chief Jerome Powell's Jackson Hole speech U.S. stock futures inched higher Friday as investors await news out of Jackson Hole, Wyoming, where Federal Reserve Chair