Rocky Mountain Voice

Menu

Tag: Jerome Powell

Trump trashes Powell as ‘too late and wrong,’ hinting at Fed chairman’s ‘termination’
No Comments
Washington Examiner

Trump trashes Powell as ‘too late and wrong,’ hinting at Fed chairman’s ‘termination’

By Jack Birle | Washington Examiner President Donald Trump took aim at Federal Reserve Chairman Jerome Powell Thursday morning, arguing he “should have lowered Interest Rates” and hinting at a looming “termination.” Powell spoke at an event with the Economic Club of Chicago on Wednesday, arguing that “significant policy changes” pursued by the Trump administration may deviate from the Fed’s goals for the rest of the year. Less than 24 hours later, the president trashed Powell on a Truth Social post as the European Central Bank is set to cut interest rates. READ THE FULL STORY AT THE WASHINGTON EXAMINER
Read More
St. Onge: Inflation rising is awkward for Chairman Powell, nightmare for Kamala Harris
No Comments
Approved, Commentary, National, The Daily Signal

St. Onge: Inflation rising is awkward for Chairman Powell, nightmare for Kamala Harris

By Peter St. Onge, Commentary | Daily Signal Inflation is rising again, and even Federal Reserve cheerleader Bloomberg is worried the Fed is losing the plot. Inflation rising is awkward for the Fed, given Chairman Jerome Powell already cut rates for the looming recession. In fact, he just did a jumbo half-point cut—which makes inflation go up. This is known as a policy error. And the Fed’s been making a lot these days. READ THE FULL STORY AT THE DAILY SIGNAL Editor’s note: Opinions expressed in commentary pieces are those of the author and do not necessarily reflect the opinions of the management of the Rocky Mountain Voice, but even so we support the constitutional right of the author to express those opinions.
Read More