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
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Part of
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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
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