Economics Daily

Powell Pushes Back Against Trump on Rates and Legal Investigation

The Fed governor suggested interest rates aren’t going anywhere, and neither is he
Jerome PowellPhotographer: Kent Nishimura/Bloomberg
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I’m Chris Anstey , a senior economics editor in Boston. Today we’re looking at Jerome Powell’s pushback against Donald Trump. Send us feedback and tips to ecodaily@bloomberg.net . And if you aren’t yet signed up to receive this newsletter, you can do so here .

Federal Reserve Chair Jerome Powell gave no quarter in his continuing battles with President Donald Trump Wednesday, suggesting that — for now at least — interest rates aren’t going anywhere, and neither is he.