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Trump considering a lawsuit against Fed's Powell

Trump threatens Fed chair Powell with 'major lawsuit,' demands interest rate cut

President Donald Trump threatened to allow a "major lawsuit" against Federal Reserve Chairman Jerome Powell to go forward. The president said on Truth Social that the lawsuit would relate to Powell's management of major renovations at the Fed's headquarters in Washington,

ABC News · 5h

Trump admin live updates: Trump considering a lawsuit against the Fed's Powell

Trump is weighing a possible lawsuit against Federal Reserve Chairman Jerome Powell, White House press secretary Karoline Leavitt said at her briefing on Tuesday.

MarketWatch on MSN · 6h

Trump’s latest attack on Powell involves ‘major lawsuit’ over Fed building. Why it’s unlikely to succeed.

In a post on his Truth Social social-media network, Trump again urged the Fed to lower interest rates, writing: “I am … considering allowing a major lawsuit against Powell to proceed because of the horrible, and grossly incompetent, job he has done in managing the construction of the Fed Buildings.”

Fed, Stock market and inflation report

TheStreet on MSN · 5h

Cool CPI report sparks mixed forecasts on Fed rate cut

Rising core inflation and foggy tariff risks inject fresh uncertainty into the Federal Reserve and interest rates.

MarketWatch · 18h

Market-implied chance of three 2025 Fed interest-rate cuts jumps above 50%

Fed-funds futures traders were pricing in a 51% likelihood on Tuesday that the central bank will cut rates in three quarter-point increments by December, up from 45% a day ago, according to the CME FedWatch Tool.

USA TODAY on MSN · 19h

US stocks open higher as inflation report stokes speculation for Fed rate cut

US stocks open higher after July's consumer price index rose 2.7%, just below forecasts and even with June. Investors are betting on a rate cut.

European shares near two-week highs on Fed rate cut hopes

European shares hit a near two-week high on Wednesday, with technology and defence stocks recovering from recent losses, ...

GENIUS Act Vs. Fed Policy On Stablecoins Raises Questions For Ethereum

Congress’s GENIUS Act backs Ethereum stablecoins, but Fed policy still warns on public chains, shaping bank strategies and ...

14h

Trump's Fed nominee Stephen Miran critical of China monetary policies

Stephen Miran is President Donald Trump's nominee to become the Federal Reserve's next governor, but his name is largely ...

Most Gulf shares rise on Fed rate cut hopes; mixed earnings cap gains

Most Gulf equities rose on Wednesday, tracking a global stock market rally after a softer U.S. inflation data raised hopes of ...

22h

Bitcoin On The Brink As Crypto Braces For Fed Price Bombshell

Traders are braced for the latest U.S. inflation data that could unleash enthusiasm for risk assets if price pressures are ...

1don MSN

Inflation likely moved higher last month as tariffs bite, putting the Fed in bind

Consumer prices are forecast to have risen 2.8 percent in July from a year earlier, according to a survey of economists by ...

1don MSN

Fed governor maintains outlook for three interest cuts in 2025

Fed Governor Michelle Bowman spoke this weekend and maintained her projection of three interest rate cuts in 2025 despite the ...

3hon MSN

Rupee rides US inflation relief; forward premiums perk up on Fed cut bets

The Indian rupee and forward premiums traded higher on Wednesday, lifted by tame headline U.S. inflation data that reinforced ...

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