If Trump wants rate cuts, he would likely need to replace the Fed's full board along with Powell
Changing out the Federal Reserve chair doesn't guarantee rate cuts for President Donald Trump, according to Wall Street economists.
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Trump's approval rating on the economy drops to lowest of his presidential career, CNBC Survey finds
President Donald Trump is registering the worst economic approval numbers of his presidential career, according to the latest CNBC All-America Economic Survey.
Trump tariffs could lead to a summer drop-off in economic activity after an 'artificially high' start, Chicago Fed chief says
Chicago Fed president Austan Goolsbee forecasts a potential short-term economic bump from President Trump's tariffs, followed by a summer drop-off.
Trump renews call for interest rate cut, says rates would be lower if Fed chief Powell 'understood what he was doing'
President Donald Trump said once again on Friday that Federal Reserve Chair Jerome Powell should lower interest rates.
China targets U.S. services and other areas as it decries 'meaningless' tariff hikes on goods
Beijing has wielded a wide range of punitive measures in recent days to strike back at Washington, including steps targeting American services sector.
Global trade outlook has 'deteriorated sharply' amid Trump tariff uncertainty, WTO warns
The World Trade Organization has warned that the outlook for global trade has "deteriorated sharply" in the wake of President Donald Trump's tariffs regime.
Retail sales increased 1.4% in March, greater than expected
Retail sales were expected to increase 1.2% in March, according to the Dow Jones consensus.
Fed Governor Waller sees tariff inflation as 'transitory' in 'tush push' comparison
The central banker embraced a term that got the central bank in trouble during the last bout of inflation.
Unemployment fears hit worst levels since Covid as tariffs fuel inflation outlook, Fed survey shows
Consumer worries grew over inflation, unemployment and the stock market as the global trade war heated up in March.
Consumer sentiment tumbles in April as inflation fears spike, University of Michigan survey shows
The University of Michigan consumer survey's mid-month reading on sentiment fell to 50.8.