Trump Visits Federal Reserve, Clashes with Powell Over $2.5 Billion Renovation

Former President Donald Trump made a rare and highly symbolic visit to the Federal Reserve’s Washington headquarters on Thursday, escalating his public pressure campaign against Chair Jerome Powell over the central bank’s $2.5 billion renovation and its reluctance to cut interest rates. The visit marked the first time Trump has set foot inside the Fed’sContinue reading “Trump Visits Federal Reserve, Clashes with Powell Over $2.5 Billion Renovation”

Markets Jittery as Trump-Powell Fallout and Tariff-Driven Inflation Roil Global Economy

Global financial markets experienced significant turbulence on July 16, 2025, as political uncertainty in Washington intersected with fresh economic data, prompting investor caution across major asset classes. The day’s volatility was initially triggered by widespread reports that President Donald Trump was considering dismissing Federal Reserve Chair Jerome Powell, fueling fears of political interference in centralContinue reading “Markets Jittery as Trump-Powell Fallout and Tariff-Driven Inflation Roil Global Economy”