The Trump Administration is showing no sign that it will lessen its criticism of Federal Reserve chairman Jerome Powell, with Commerce Secretary Howard Lutnick saying that the Fed chairman was torturing the US.

Despite losing $235 billion, Federal Reserve Chairman Jerome Powell somehow still has a job—for now. His mismanagement of the Fed has not only badly hamstrung monetary policy for years but has

All the data on inflation since Trump returned to office suggest that Jerome Powell is being too cautious in his approach to rate cuts.

The average rate on 30-year fixed home loans increased to 6.75% for the week ending July 17, up from 6.72% last week.

Federal Reserve Chair Jerome Powell said Tuesday that “it may take longer than expected” for high interest rates to lower inflation. He also reiterated, however, that a rate hike is unlikely.

On July 29-30, the Federal Open Market Committee will announce its interest rate policy. Read about the rumors that Fed Chair Powell will not likely address.

He has faced criticism from the White House and their Republican allies in Congress for his lack of interest in cutting rates, as well as a pricey renovation of the Fed’s headquarters. The central bank’s Federal Open Market Committee is set to meet at the end of this month to consider whether or not to cut rates — something they declined to do at their last meeting,

HUD Secretary Scott Turner criticizes Fed Chair Jerome Powell for spending billions on renovations while Americans struggle with high mortgage rates amid a housing crisis.