
Yellen calls the federal investigation against Powell "extremely chilling"
In addition to Janet Yellen, various voices have criticized the investigation against Jerome Powell, accusing it of political overtones

In addition to Janet Yellen, various voices have criticized the investigation against Jerome Powell, accusing it of political overtones

Donald has pressured Jerome Powell to lower interest rates, but the Federal Reserve chairman has stood firm

Labor market pressures and high inflation due to tariffs could prevent the Fed from cutting interest rates by year's end

Underlying inflation remained under pressure in September, reinforcing the Federal Reserve's (Fed) caution regarding potential rate cuts

According to FactSet data from surveys of economists, the probability of an interest rate cut in December fell from 97% to 22%