U.S. Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight months, President Donald Trump said at a news conference on Tuesday.

Remember the insider trading scandal at the Fed? El-Erian does, along with what he considers a series of missteps on inflation.

President Donald Trump has taken to routinely maligning Federal Reserve Chair Jerome Powell as “too late” because interest rates have been on hold at 4.25%-4.5% since he took office.

In a social media post, Ray Dalio outlined that he believes the disagreement between Donald Trump and Federal Reserve Chair Jerome Powell centers around the value of money, with the US president advocating for lower real interest rates and devaluation.

Federal Reserve Chair Jerome Powell made one thing certain during his closely watched speech in Jackson Hole, Wyo., on Friday: Inflation is still too high. “It is the Fed’s job to bring ...

Jerome Powell says Fed is resolved to fight inflation even if it brings economic pain Updated August 26, 2022 4:02 PM ET Originally published August 26, 2022 11:20 AM ET Scott Horsley

Federal Reserve Chair Jerome Powell is facing pressure from all sides as the Fed’s banking regulation conference kicks off this week. President Trump has been threatening to fire Powell while

Powell reiterated, as his colleagues have in recent weeks, that it was still too early to declare the Fed’s inflation fight finished, with prices rising 3.0% annually by the measure the central ...