Trump urges Fed chair Powell to cut interest rates amid market turmoil, citing positive economic indicators, while Powell emphasizes need for more data before policy decisions.
Legal group challenges Trump's use of emergency powers to impose tariffs on China, arguing it exceeds his authority.
Fed warns Trump's tariffs could raise inflation and slow growth, despite pressure from the President to cut interest rates.
Trump urges Fed chair Powell to cut interest rates amid market turmoil, citing positive economic indicators, while Powell emphasizes need for more data before policy decisions.
Legal group challenges Trump's use of emergency powers to impose tariffs on China, arguing it exceeds his authority.
Fed warns Trump's tariffs could raise inflation and slow growth, despite pressure from the President to cut interest rates.