calling him “a total stiff” in a new interview while reiterating that he has no intention of removing the central bank chief before his term ends Trump accused Powell of letting his antipathy for the president influence U.S Powell has said he will continue to be patient about cutting interest rates and see how things play out ahead of the Fed’s next meeting this week The president also used the interview to reiterate his frequent calls for rate cuts “He’d rather not because he’s not a fan of mine he just doesn’t like me because I think he’s a total stiff.” Still, despite the targeted words (part of a flurry of criticism Trump has directed toward Powell) the president appeared to offer his most definitive statement yet that Powell will remain in the role through the end of his term When asked if he would remove the Fed chair I get to replace the person in another short period of time.” including Treasury Secretary Scott Bessent have reportedly urged Trump to stop undermining Powell publicly to avoid spooking the markets Bloomberg reported that Bessent and others have warned the president that talk of firing the Fed chair could trigger further financial instability WASHINGTON (AP) — The Federal Reserve will likely keep its key short-term interest rate unchanged on Wednesday despite weeks of harsh criticism and demands from President Donald Trump that the Fed reduce borrowing costs After causing a sharp drop in financial markets two weeks ago by saying he could fire Fed Chair Jerome Powell Trump subsequently backed off and said he had no intention of doing so he and Treasury Secretary Scott Bessent have said the Fed should cut rates They argue that inflation has steadily cooled and high borrowing costs are no longer needed to restrain price increases The Fed sharply ramped up its short-term rate in 2022 and 2023 as pandemic-era inflation spiked the head of Trump’s Department of Government Efficiency last Wednesday suggested that DOGE should look more closely at the Fed’s spending on its facilities The heightened scrutiny shows that even as the Trump administration backs off its threats to fire Powell the Fed is still subject to unusually sharp political pressures despite its status as an independent agency the Fed will almost certainly leave its key rate unchanged at about 4.3% when it meets Tuesday and Wednesday Powell and many of the other 18 officials that sit on the Fed’s rate-setting committee have said they want to see how Trump’s tariffs affect the economy before making any moves on Friday said on the social media platform Truth Social that there is “NO INFLATION” and claimed that grocery and egg prices have fallen and that gas has dropped to $1.98 a gallon That’s not entirely true: Grocery prices have jumped 0.5% in two of the past three months and are up 2.4% from a year ago Gas and oil prices have declined — gas costs are down 10% from a year ago — continuing a longer-running trend that has continued in part because of fears the economy will weaken AAA says gas prices nationwide average $3.18 a gallon though in the first three months of the year it was 3.6% according to the Fed’s preferred gauge economists say it’s possible the Fed would soon reduce its benchmark rate because it is currently at a level intended to slow borrowing and spending and cool inflation Yet the Fed can’t now cut rates with Trump’s broad tariffs likely to raise prices in the coming months said that the Fed is “scarred” by what happened in 2021 when prices rose amid supply snarls and Powell and other Fed officials said the increase would likely be “transitory.” Instead inflation soared to a peak of 9.1% in June 2022 “That’s a Fed that is going to have to wait for evidence and be slow to adjust on that evidence,” Reinhart said Trump’s badgering of Powell makes it harder for the Fed chair to cut rates because doing so anytime soon would be seen as knuckling under to the White House “You could imagine a world where there isn’t pressure from the Trump administration and they cut rates … sooner because they feel comfortable making the argument that they’re doing so because of the data,” he said Powell said last month that tariffs would likely push up inflation and slow the economy The central bank would typically raise rates — or at least keep them elevated — to fight inflation while it would cut them to spur the economy if unemployment rose Powell has said that the impact of the tariffs on inflation could be temporary — a one-time price increase — but most recently said it “could also be more persistent.” That suggests that Powell will want to wait to ensure tariffs don’t sustainably raise inflation before considering a rate cut Some economists forecast the Fed won’t cut rates until its September meeting Yet Fed officials could move sooner if the tariffs hit the economy hard enough to cause layoffs and push up unemployment Wall Street investors appear to expect such an outcome — they project that the first cut will occur in July WATCH: Trump criticizes Powell over interest rates, suggests he can remove Fed chair Separately, Musk criticized the Fed Wednesday for spending $2.5 billion on an extensive renovation of two of its buildings in Washington, D.C. “Since at the end of the day, this is all taxpayer money, we should certainly look to see if indeed the Federal Reserve is spending $2.5 billion on their interior designer,” Musk said. “That’s an eyebrow raiser.” Fed officials acknowledge that the cost of the renovations have risen as prices for building materials and labor have spiked amid the post-pandemic inflation. And former Fed officials, speaking on background, say that local regulations forced the Fed to do more of the expansion underground, rather than making the buildings taller, which added to the cost. Meanwhile, Kevin Warsh, a former Fed governor and a potential candidate to replace Powell as chair when Powell’s term expires next year, said recently that the Fed has attracted greater scrutiny because of its failure to keep prices in check. “The Fed’s current wounds are largely self-inflicted,” he said in a speech during an International Monetary Fund conference in late April, in which he also slammed the Fed for participating in a global forum on climate change. “A strategic reset is necessary to mitigate losses of credibility, changes in standing, and most important, worse economic outcomes for our fellow citizens.” Powell, for his part, said last month that “Fed independence is very widely understood and supported in Washington, in Congress, where it really matters.” Thank you. Please check your inbox to confirm. © 1996 - 2025 NewsHour Productions LLC. All Rights Reserved. PBS is a 501(c)(3) not-for-profit organization. Subscribe to Here's the Deal with Lisa Desjardins .css-1evb2nb{margin:0;color:rgba(82,82,82,1);font-family:Lato,Helvetica,Arial,sans-serif;font-size:12px;line-height:16px;font-weight:700;letter-spacing:0px;font-style:normal;text-transform:none;font-stretch:normal;padding:0.5px 0px;}.css-1evb2nb svg{fill:rgba(82,82,82,1);}.css-1evb2nb::before{content:'';margin-bottom:-0.3307em;display:block;}.css-1evb2nb::after{content:'';margin-top:-0.2797em;display:block;}.css-9d8khp-TimeTag{display:inline-block;}7 hours ago Investors looking for clues on when the Federal Reserve might cut rates are likely to be disappointed this week, economists said. "The Fed won't even begin thinking about thinking about a cut until it is certain that inflation is at or near its peak," Joe Brusuelas, chief economist at RSM, said in an interview. Traders in derivative markets see only a 30% chance of a cut in June. Odds of a cut jump to about 75% in July. Federal Reserve Chair Jerome Powell will push back at his press conference on Wednesday on calls from the White House and many on Wall Street for interest-rate cuts, economists say. Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world Federal Reserve Chair Jerome Powell at an Economic Club of Chicago event on April 16 Jim Tuchler, a Chicago-area retailer, and Federal Reserve Chair Jerome Powell have a lot in common these days. Reporting by Andrea Shalal; Editing by Ross Colvin Our Standards: The Thomson Reuters Trust Principles., opens new tab , opens new tab Browse an unrivalled portfolio of real-time and historical market data and insights from worldwide sources and experts. , opens new tabScreen for heightened risk individual and entities globally to help uncover hidden risks in business relationships and human networks. © 2025 Reuters. All rights reserved 1);}}@media screen and (prefers-reduced-motion: reduce){.css-wjxay9-SquareButton{transition-property:background-color;transition-duration:0ms;transition-timing-function:cubic-bezier(0 1);}}@media screen and (prefers-reduced-motion: reduce){.css-152q15n-SquareButton{transition-property:background-color;transition-duration:0ms;transition-timing-function:cubic-bezier(0 1);}}.css-x340e0-SquareButton{margin:0;padding:0;display:inline-grid;-webkit-column-gap:8px;column-gap:8px;grid-template-columns:repeat(3 1);}}@media screen and (prefers-reduced-motion: reduce){.css-x340e0-SquareButton{transition-property:background-color;transition-duration:0ms;transition-timing-function:cubic-bezier(0 1);}}.css-v6oqvx{margin:0;font-family:Lato,Helvetica,Arial,sans-serif;font-size:12px;line-height:20px;font-weight:700;letter-spacing:0px;font-style:normal;text-transform:none;font-stretch:normal;padding:0.5px 0px;}.css-v6oqvx::before{content:'';margin-bottom:-0.4973em;display:block;}.css-v6oqvx::after{content:'';margin-top:-0.4463em;display:block;}Listen The solid April jobs report didn’t confirm the weakness seen in first-quarter growth, giving the Fed time to wait and see how the economy responds to the Trump administration’s tariff plans. The May Fed meeting is a key economic event with Wall Street looking to see what Fed Chair Powell & Co will do with interest rates amid tariff uncertainty The May Fed meeting kicks off this Tuesday with the central bank's latest policy decision The Federal Open Market Committee (FOMC) is not expected to cut interest rates this time around Wall Street will be parsing the FOMC statement and Federal Reserve Chair Jerome Powell's press conference closely looking for clues as to how President Donald Trump's aggressive tariff policy could impact the central bank's decisions moving forward The Kiplinger team is reporting live on the May Fed meeting bringing you the news and our expert analysis of what it could mean for the economy and your money Kiplinger is reporting live on the May Fed meeting With a little less than 48 hours to go until the end of the May Fed meeting the release of an updated monetary policy statement and Fed Chair Jerome Powell's press conference 30-day federal funds rate futures prices show a 97.3% probability the FOMC holds things steady at 4.25% to 4.50% on Wednesday Powell will be pressed to comment on President Trump's tariffs beyond what he's already said – that "the level of the tariff increases announced so far is significantly larger than anticipated" and that uncertainty could lead to a "challenging scenario" for the central bank with regard to its dual mandate of maintaining price stability and achieving maximum employment He's not likely to move much off his existing words; that's just not his style Notable is the absence of any reference to the Fed or Powell in Bessent's essay no repetition of his late call for an interest rate cut The Treasury secretary only recently joined the president's chorus on that score citing Treasury market price action that suggests a rate cut is warranted And the probability of a 25 basis point move lower at the June 17-18 Fed meeting has fallen to 29.4% from 60.5% one week ago Treasury market has calmed since early April when President Trump's "Liberation Day" tariffs introduced unprecedented uncertainty for the global economy and financial market volatility spiked Treasury yields declined at first on expectations that the broader and deeper tariffs Trump announced would cause a recession and speculators priced in the potential for higher inflation and weaker growth The yield on the 10-year Treasury note spiked from 3.991% on Friday That unusually fast move caused some participants to question the functioning of what is the broadest and most important securities market in the world The yield on the 10-year Treasury note was 4.35% as of midday on Monday up from 4.32% on Friday and still trending higher in the aftermath of a stronger-than-expected April nonfarm payrolls report traders and speculators pricing in healthy incoming economic data in an orderly way We'll see what the FOMC and Fed Chair Jerome Powell have to say about the health of the labor market and how both will be impacted by tariffs on Wednesday Berkshire Hathaway's (BRK.B) annual meeting While the biggest news to emerge from the "Woodstock of Capitalism" is the upcoming retirement of CEO Warren Buffett the famed investor's take on tariffs is getting plenty of attention too Tariffs entered the conversation right off the bat with Buffett saying that "trade can be an act of war" and that it has "led to bad things like the attitudes it's brought out in the United States." Buffett added that we should encourage global trade to "do what we do best," and for other countries to "do what they do best." He concluded by saying that using trade as a weapon is not wise and is not right "The more prosperous the rest of the world becomes it won't be at our expense – the more prosperous we'll become and the safer we'll feel and your children will feel someday," Buffett offered The Fed meeting won't be the only thing on Wall Street's radar this week First-quarter earnings season is well underway and the lineup of companies that will report over the next few days is long which unveils its results ahead of Wednesday's open Read more: Earnings Calendar and Analysis for This Week (May 5-9) U.S. central bankers appear to be "in no rush to adjust rates" at the May Fed meeting, writes Marc Giannoni Fed officials have made it clear that "they view the [current] policy stance as well-positioned to deal with the risks to the inflation and employment sides of their mandate," he adds Giannoni says that given the considerable economic and policy uncertainty Fed members are facing they are "waiting for greater clarity on the evolution of the economy in coming months The economist expects both the FOMC statement and Fed Chair Powell "to acknowledge that some market- and survey-based measures of near-term inflation expectations have moved up and that surveys of households and businesses indicate a decline in sentiment and elevated uncertainty about the outlook." He also expects Powell to note "that tariffs are likely to cause higher inflation and lower growth." Giannoni believes the Fed will hold rates unchanged this time around but anticipates two quarter-point rate cuts by year's end The upcoming week is a busy one for global central bankers the Bank of England will issue its latest policy statement this Thursday Global central banks are easing monetary policy in the face of the Trump administration's trade war, says Jennifer Lee "According to Bank of England Governor Andrew Bailey there are a few things to consider: weak growth and what caused it (supply or demand) and now 'the trade issue is the new part of that story,'" she adds Lee notes that confidence is waning after the International Monetary Fund lowered its growth forecasts for the U.K. citing the impact of tariffs as one factor Disappointing manufacturing and employment data do not help matters The economist says that the vote breakdown among the BoE's nine members will be interesting how many will opt for a 50 basis point cut it is widely expected that the Bank of England will trim its bank rate 25 bps to 4.25%," Lee concludes This is the longest winning streak for the broad-market index since November 2024 And it's particularly notable given recent stock market volatility in reaction to tariff uncertainty the S&P 500 was down more than 15% for the year to date in mid-April It has since pared this deficit to just 3.3% The rebound occurred "as progress on tariff talks helped calm investor fears," says Mark Hackett and was helped by steady retail buying and institutional investors coming off the sidelines "Investors' positive response to earnings suggests expectations were appropriately reset volatility is likely to remain," Hackett adds Read more: Stock Market Today: S&P 500 Nabs Longest Win Streak Since 2004 A strong April jobs report lowered the odds of a June rate cut and pushed expectations for one out to July According to CME FedWatch futures traders are now pricing in a 34% chance the Federal Reserve will lower the federal funds rate by a quarter-percentage point in June down from 55% one week ago and 61% one month ago The probability that the next rate cut will come in July rose to 56% from 44% on Thursday and 44% one month ago Several of Wall Street's top minds are chiming in on what the April jobs report means for the Fed and interest rates "The jobs data for April are reassuring, but business and consumer surveys point to uncertainty ahead. They reflect a lot of concern about general economic conditions with higher tariffs," says Bill Adams "There are also some indicators that businesses are reining in plans for hiring and capital spending." Adams adds that the hard data carries more weight in the Fed's decision-making than what they forecast might happen in the future "and the job market was fine in April." As such Adams expects the central bank to hold steady next week and will likely lower rates with less frequency going forward than many are anticipating job growth is gradually weakening but remains strong enough to support consumer spending early in Q2 – as tariff-related price increases just begin to bite," says Jennifer Timmerman investment strategy analyst at Wells Fargo Investment Institute (WFII) "Resilient labor-market conditions will likely keep the Fed on the sidelines until tariffs more clearly pressure economic growth." "With the U.S. labor market conditions remaining intact, the Fed can remain a spectator on the sidelines with respect to policy changes as the fallout from Trump's higher tariff regime and shifting trading policy appears to be lagging," says Charlie Ripley senior investment strategist for Allianz Investment Management this report is consistent with other labor metrics that conclude the U.S economy is not experiencing a material shift in labor conditions." President Trump quickly took to Truth Social after this morning's release of the April jobs report encouraging the Federal Reserve to cut interest rates as soon as possible as Billions of Dollars pour in from Tariffs Consumers have been waiting for years to see pricing come down The April jobs report came in stronger than expected which has repeatedly said it is in no rush to cut interest rates the heightened uncertainty from President Trump's trade war has many pushing the central bank to act sooner rather than later According to the Bureau of Labor Statistics This was lower than March's downwardly revised 185,000 figure but more than the 133,000 new jobs economists expected which is calculated from a separate survey "Although markets had braced for a slowdown in job growth – due to factors like DOGE job cuts, increased immigration reform, and soft economic indicators – private sector hiring has remained resilient," said Kevin O'Neil associate portfolio manager and senior research analyst for Brandywine Global O'Neil adds that while the stronger-than-expected employment data "gives the administration more breathing room in its trade negotiations," it also suggests that "the Federal Reserve is unlikely to shift its current policy stance in the near term." Read more: Strong April Jobs Report Lowers Rate-Cut Hopes: What the Experts Are Saying setting aside arguments about correlation vs causation participants in the FOMC meeting have been bound by a Federal Reserve policy that limits the extent they can talk about the economy and interest rates These two-week "blackout periods" begin the second Saturday preceding an FOMC meeting and end the Thursday following a meeting. An unofficial practice that began in the 1980s was formalized in 2011 and reaffirmed in January Fed-watchers see the policy as a measure against corruption and the potential for information leaks to distort markets It also provides cover for open discussion during the Fed's most intense periods of policy-making the Dow Jones Industrial Average 2.1% and the Nasdaq Composite 2.6% Does the bond market agree with President Trump about rate cuts "Yes," according to Treasury Secretary Scott Bessent "We are seeing that two-year rates are now below fed-funds rates," Bessent said Thursday morning on Fox Business "So that’s a market signal that they think the Fed should be cutting." Bessent had previously refrained from commenting on Federal Reserve policy As Nick Timiraos of The Wall Street Journal reports "Two-year Treasury yields were below the Fed's short-term rate for all of 2023 and much of 2024." The market saw the Fed engineering "a soft landing that brought inflation down without a recession," Timiraos explains "or that inflation would fall and the Fed would cut rates because the economy fell into a recession." Amid recent incoming data suggesting the economy is weakening 30-day fed funds futures prices show expectations for as many as four and even five rate cuts this year The market sees a greater than 95% probability the Fed will hold next week The FOMC will meet five more times in 2025 after the May meeting On Thursday, the Bank of Japan (BOJ) cut its growth forecasts for this fiscal year citing "extreme" uncertainty related to global trade policies The central bank now expects the Japanese economy to grow just 0.5% in the fiscal year ending March 31 It anticipates a slightly higher 0.7% growth rate for the following fiscal year The BOJ also kept interest rates unchanged at 0.5% for the second straight meeting Japan's officials are currently undergoing trade negotiations with the Trump administration hoping to hash out a deal to lower tariffs on the country's exports of its auto and electronics parts "The series of tariffs must be reconsidered as they are currently beginning to cause substantial damage to our nation's economy," said Ryosei Akazawa "We want to make as much progress as possible toward an agreement that fosters a win-win relationship," Akazawa added The "price stability" part of the Federal Reserve's dual mandate is more front-of-mind for investors traders and speculators as President Trump's tariffs begin to impact the global economy "Full employment" has been less of a concern even amid slowed-down hiring and stagnating wage growth But the Department of Labor reported Thursday morning that initial jobless claims increased by 18,000 to 241,000 during the week ending April 26 well above a consensus estimate of 223,000 "The Fed is far too sanguine on the labor market given the incoming data," writes Renaissance Macro Research Head of Economics Neil Dutta Initial claims for the prior week were revised from 222,000 to 223,000 The four-week moving average increased by 5,500 to 226,000 The previous week's average was revised up by 250 from 220,250 to 220,500 Continuing claims increased to 1.916 million for the week ending April 19 "The bigger story is that continuing claims keep rising roughly 5% year-over-year The "meaningful increase" in initial claims indicates "that continuing claims might be rising a bit more in the weeks ahead." The Federal Open Market Committee (FOMC) – the Federal Reserve's policy-setting group – has 12 members eight permanent and four who rotate each year The eight permanent voting committee members include the Fed chair and vice chair the five Fed governors and the president of the New York Fed Four regional Fed presidents are rotated in each calendar year The 2025 FOMC voting committee consists of: In 2026, the presidents from Cleveland, Philadelphia, Dallas and Minneapolis will rotate in as FOMC voting members, according to the Federal Reserve several Fed officials have signaled support for keeping the federal funds rate at its current range of 4.25% to 4.5% Cleveland Fed President Beth Hammack said it is too soon to consider a rate cut in May but the central bank could move later if there is clear and convincing evidence of a sharp labor market decline Hammack added that there remains a very high bar set for emergency rate cuts – the most recent occurred at the onset of the pandemic in March 2020 – and there is not enough of a market or economic breakdown at the moment to support one Fed Governor Christopher Waller said he doesn't expect the impact of tariffs to hit until July Waller added that a significant decline in the labor market could encourage a rate cut sooner rather than later They anticipate the biggest impact from tariffs – higher inflation and lower growth – to occur in the back half of the year and do not believe the Fed will resume rate cuts until December The April jobs report will be released ahead of this Friday's open It will give Federal Reserve officials the first glimpse of how Trump's retaliatory tariff announcement and reciprocal levies from several U.S "Hiring is often delayed when consumers are concerned about losing their jobs, or when businesses don’t know if there will be a positive return to investing in additional workers," writes David Payne in the Kiplinger jobs outlook while February's jobs growth was upwardly revised added a slightly above-consensus 130,000 new jobs in April which they say reflects "a still-moderate pace of job creation." The group also expects government payrolls to be unchanged "as a likely decline in federal government positions offsets increases at the state and local levels And they say the unemployment rate stayed at 4.2% which excludes volatile food and energy costs a slower pace than what was seen in February faster than the 2.1% increase economists expected Core PCE also came in higher than anticipated The data also showed a sharp uptick in consumer spending (+0.7% in March vs 0.1% in February) "today's mixed economic signals introduce fresh uncertainty into the equation." According to CME FedWatch futures traders are currently pricing in a 94% chance the FOMC holds rates steady next Wednesday The Federal Reserve is not likely to change rates at its meeting next Wednesday despite the modest contraction in first-quarter GDP Price and wage data through March have been encouraging but the Fed is concerned that price increases caused by April tariffs may raise inflation expectations There has been evidence in consumer sentiment surveys of exactly that the Fed could cut rates a quarter point at its June 18 meeting However, that will be determined by how the Fed weighs the balance of risks between a slowing economy and rising inflation The Kiplinger LetterDavid is both staff economist and reporter for The Kiplinger Letter overseeing Kiplinger forecasts for the U.S he was senior principal economist in the Center for Forecasting and Modeling at IHS/GlobalInsight and an economist in the Chief Economist's Office of the U.S In its initial estimate of first-quarter gross domestic product (GDP), the Bureau of Economic Analysis said economic growth decreased at an annual rate of 0.3% as imports jumped 41.3% If this holds through to the third reading it will mark the biggest drop in GDP since Q1 2022 Economists expected a 0.4% increase in economic growth "The economy weakened in the first quarter," says Bill Adams "Businesses and consumers pulled forward purchases to get ahead of tariffs in the first quarter and throttled back spending and investment plans in other areas." that today's reading doesn't tell us much about the current state of the economy given all of the announcements and changes that have taken place since the start of the month The economist feels the uncertainty will keep the Fed on hold this month but he says a June rate cut is on the table Kiplinger.comWith over a decade of experience writing about the stock market Karee Venema is the senior investing editor at Kiplinger.com and oversees a wide range of investing coverage In addition to upending the global economy with his tariffs President Donald Trump has introduced additional uncertainty for financial markets by undermining the independence of the Federal Reserve and Fed Chair Jerome Powell in a series of public attacks His behavior could render moot whatever the result of a pending Supreme Court review of a 90-year-old case that could answer the question, can Trump fire Powell President Trump called Chair Powell a "major loser" and suggested the Fed cut interest rates last September to help former President Joe Biden In Michigan on Tuesday to celebrate the first 100 days of his second administration "Interest rates came down despite the fact that I have a Fed person who's not really doing a good job but I won't say that I want to be very nice," Trump told his rally crowd "I want to be very nice and respectful to the Fed," he continued you're supposed to let him do his own thing "I know much more than he does about interest rates Kiplinger.comDavid is the former managing editor and chief investment strategist of Utility Forecaster and the former editorial director of Investing Daily David has been working in financial media for more than 20 years By Desmond Lachman AEIdeas This week the Federal Reserve Open Market Committee (FOMC) meets to set interest rates It does so at a time when Fed Chair Jerome Powell is under intense pressure from president Trump to cut interest rates to support an economy that is showing every sign of slowing The FOMC meeting also takes place at a time when inflation expectations are rising when there is an unusually high degree of economic policy uncertainty and when foreign investors appear to be losing confidence in the US dollar and the US Treasury bond market Powell would do us a great service by continuing to turn a deaf ear to Trump’s demands for an interest rate cut Since inflation surged to a multi-decade peak of over nine percent in June 2022 the Fed has worked hard to regain inflation control in response to Trump’s aggressive import tariff policy inflation expectations have risen well above the Fed’s two percent inflation target the latest University of Michigan Consumer Survey indicates that one-year household inflation expectations have risen to 6.5 percent or to their highest level since 1981 The last thing that the Fed can now afford to do is to give households further cause to fear higher inflation by yielding to Trump’s demands and by thereby losing any semblance of monetary policy independence It seems to be lost on Trump that pressuring Powell to lower the Fed’s interest rate might be counterproductive to the objective of supporting the US economy The key interest rate that matters to the economy is not the Fed’s short-term interest rate but rather the 10-year US Treasury bond yield That yield is the benchmark for key loan rates including those for home mortgages By raising inflation expectations by pressuring the Fed to lower its interest rate Trump risks causing a further increase in long-term interest rates that could constitute a significant headwind to any economic recovery Another reason that Powell should exercise considerable caution before resuming the Fed’s interest rate cutting cycle is that there is an unusually high degree of uncertainty as to how import tariff policy might affect inflation Powell has to be concerned that reciprocal import tariffs could be restored after the 90 day pause if trade deals are not reached He also has to be concerned that the exorbitantly high tariffs on Chinese imports might remain in effect if Trump and President Xi cannot find an off-ramp to their trade war and new tariffs might be imposed on semi-conductors and pharmaceuticals inflation could be three percentage points higher than would otherwise be the case Powell also has to be concerned that budget policy could exert considerable demand pressure on the economy This would especially the case at a time when the budget deficit is already over six percent of GDP and when Trump is proposing a slew of tax cuts including the extension of the 2017 Tax Cut and Jobs Act and the elimination of income taxes on social security benefits and tips According to the Committee for a Responsible Budget those tax cuts could add around $7 trillion to the US budget deficit over the next decade If those proposed tax cuts do get implemented the Fed might be forced to tighten monetary policy to avoid another round of inflation As if these were not sufficient reasons for interest rate policy caution there are now increasing signs that foreign investors are losing confidence in America’s economic exceptionalism Underlining this point was the unusual behavior of both the dollar and the US Treasury bond market at a time when the stock market swooned in the wake of Trump’s April 2 reciprocal import tariff announcement Instead of seeking the safe haven of the US dollar and the US government bond market investors chose to sell the dollar and US Treasury bonds There is a real risk that any sign of the Federal Reserve losing its monetary policy independence could accelerate the move away from the dollar and US government bonds All of this is not to say that later this year the Federal Reserve might not need to cut interest rates in the event of an economic recession or a stock market melt-down it is to say that any sign of a loss in Federal Reserve independence at this stage could cause a further rise in inflation expectations and precipitate another round of unwanted market turbulence especially in the currency and US government bond markets Learn more: A Tale of Two Economic Policy Blunders | The 100 Days that Shook the World Economy | Desmond Lachman Says More... | How Not to Negotiate a Trade Deal While the news throughout the rest of the world is nonstop we’ve starting to slow down in the world of sliding down snow That doesn’t mean there isn’t fantastic stuff coming out in the snow sports world As we all transition to spring and the activities that come with it we’re here at Snowboarder to bring you some of the best pieces of media that we haven’t made ourselves (and a few that we have) You can expect these roundups for the rest of the summer Zeb Powell will ride for Jordan Brand Powell shows off some of his off snow fits jackets from Nigel Sylvester’s Nike collection and white camp collar shirts: we got to see a different side of Zeb It was also our first look at what’s in his closet after officially signing with Jordan brand.“I'm not going to do a trick because everyone's doing it,” he said to Fenimore “I'm not going to buy stuff because everyone's buying it I'm doing what I want to do regardless but I also want to make sure they're mine Like you played in the park with your friends on the monkey bars is what "I discovered powder and in turn got his start snowboarding in New Hampshire and owes all of his progression to Montana's Bridger Bowl The Official Guide to Portland Powell’s City of Books is more than a famous Portland landmark — it’s the world’s largest independent bookstore packed with smart and eclectic offerings and passionate people Powell’s City of Books boasts a collection of more than 1 million new and used books Whether you’re searching for an out-of-print indie novella an inclusive new tarot deck or the latest romance bestseller If the checkout lines at the main entrance get lengthy a quick dart toward the Orange Room often allows for a faster exit Navigating 1 million books isn’t for the fainthearted, but the fine folks at Powell’s City of Books have made it as easy as possible, dividing up the robust collection into nine color-coded rooms and further categorizing it into 3,500 different subsections. View this post on Instagram A post shared by Powell's Books (@powellsbooks) and don’t hesitate to ask for help when needed ask a staff member for the code to the restrooms on the second level in the Purple Room the store features a broad range of new books across many genres this new and used bookstore is proudly local-focused One of Portland’s excellent independent bookstores Broadway Books offers a wide selection of new and used titles Mother Foucalt’s Bookshop prides itself on being a cash-only They offer a wide and carefully curated collection of philosophy Third Eye Books Accessories & Gifts is a Black-owned-and-operated shop that offers African-centered items in Portland was a finalist for the 2024 Oregon Book Award Padded stadium seating and ample window-side dining tables provide the perfect setting to skim through your stacks or nosh on a robust menu of aptly named breakfast fare Wash it all down with an assortment of beers and cider on tap cocktails or freshly brewed coffee drinks and tea there are hundreds of unique knick-knacks and artisan-made wares to zhuzh up any present From galactic wrapping to Pendleton journals and sun print kits to handmade “bee hotels,” the possibilities are endless While the Orange Room is advertised as the main area for gifts thoughtful end trinket caps are curated throughout the store to compliment nearby books totes) and the unexpected (seasonal book-scented branded candles from Wildwood Candle Co and leather coasters from Spooltown — a queer-woman-owned business created by a former Powell’s employee) in the Green Room and throughout the store The power of books and community is on display most nights at the Basil Hallward Gallery in the Pearl Room. Dozens of acclaimed writers, artists and thinkers visit monthly to read excerpts and discuss their latest works. Visitors can check the online calendar for upcoming events across all Powell’s Books locations Kids’ Storytime is a standing affair for families at Powell’s City of Books every Saturday at 10:30 a.m On the last Saturday of every April indie bookstores across the United States celebrate Independent Bookstore Day and invite readers to flock to their local shops in support of small businesses and literature Powell’s Books typically hosts a sale on this day Portland Book Festival (formerly “Wordstock”) returns every November with an impressive (and extensive) lineup of local and national authors Pick up a winning read at one of Portland’s many independent bookstores and curl up in a cozy corner of one of these eight local coffee shops From coffee houses with community libraries to writing workshops and a book festival visitorinfo@travelportland.com1-888-503-3291 (toll free)503-427-1372Monday–Sunday 1132 SW Harvey Milk St #104,Portland, OR 97205 Get the guide Local BusinessesMediaMeeting PlannersTravel Industry ProfessionalsEvent Organizers We are a promoter and steward of this evolving city and its progressive values which have the power to transform the travelers who visit us Labour minister Lucy Powell referred to discussion of the gangs as a 'dogwhistle' so we want to blow that little trumpet now let’s get that dogwhistle out.” Never mind the fact that working-class girls were subjected by these gangs to a degree and scale of sexual torture that had it happened overseas in a conflict zone would accord clear grounds for refugee status All Powell seemed able to see was that it was a politically inconvenient narrative Keir Starmer only responded with a grudging promise of resources and funding for locally-led inquiries to be administered by the very same councils implicated in the cover-ups themselves often coordinated by “community leaders” — in effect pursuing power via tribal and religious political networks with a thin British-style parliamentarian veneer and soft-pedalling an issue that might turn potential voters against her it was the punitive rape of Boudicca’s daughters that triggered the Iceni to rise up against the Romans destroying the Ninth Legion and razing London and the usual aim is for change through the political process We can only hope that those currently aspiring to govern Britain as a multiculturalist colony have the sense to allow the political process to function to this end the way to avoid a repeat of 60 AD must be ending asymmetric multiculturalism But Lucy Powell’s resignation as Leader of the Commons would be a good start Mary Harrington is a contributing editor at UnHerd Δdocument.getElementById( "ak_js_1" ).setAttribute( "value" Δdocument.getElementById( "ak_js_2" ).setAttribute( "value" Please click here to view our media pack for more information on advertising and partnership opportunities with UnHerd Utah — One person is in custody after allegedly crashing into a law enforcement patrol vehicle Saturday night near the west end of Lake Powell The National Park Service said the incident began after the Kane County Sheriff's Office issued an alert for a "potentially dangerous suspect." Then around 8 p.m. NPS rangers responded to a report of a suspicious vehicle on U.S Highway 89 near the turnoff to Lone Rock Beach Campground in Glen Canyon National Recreation Area (which encompasses Lake Powell) When the rangers tried to stop the vehicle the suspect reportedly drove into the patrol vehicle The suspect was taken to a hospital in Page then was released with non-critical injuries and taken into police custody Officials said none of the rangers were seriously injured The incident is now under investigation by the NPS the Kane County Sheriff's Office and the FBI In a news release about the incident on Sunday the NPS assured the public that there is no active threat Recreationists camp at Lone Rock Beach Campground in Glen Canyon National Recreation Area An officer-involved shooting occurred Saturday night on Highway 89 near the junction to the Lone Rock Beach Campground Road in Glen Canyon National Recreation Area according to a press release issued Sunday by the National Park Service National Park Service law enforcement rangers responded to a report of a suspicious vehicle on Highway 89 following an alert issued by the Kane County Sheriff’s Office for a potentially dangerous suspect authorities say the suspect drove their vehicle into a patrol vehicle and rangers subsequently discharged their firearms No rangers were seriously injured in the incident "The suspect was treated at the Page Hospital and released with non-critical injuries," authorities said in the press release Kane County Sheriff's Office and FBI are working a joint investigation into the incident No additional information is available at this time Email notifications are only sent once a day summary of the weather details and news of any severe weather We'll send breaking news and news alerts to you as they happen Receive Sunday Local Offers Coupons from St Your browser is out of date and potentially vulnerable to security risks.We recommend switching to one of the following browsers: Account processing issue - the email address may already exist Invalid password or account does not exist Submitting this form below will send a message to your email with a link to change your password An email message containing instructions on how to reset your password has been sent to the email address listed on your account Posted by | May 5, 2025 | , | 3 in tribute to the school’s choral director of 36 years who is retiring from Knox County Schools this spring But the unexpected appearance of another 100 or so former Singers who came to honor Kennedy was jaw-dropping And the fact that most remembered all the words was beyond amazing The alumni and Singers opened with the Star-Spangled Banner and closed with The Lord Bless and Keep You and That Lonesome Road some of the alumni guys joined with the Singer boys to perform the always-brisk Mary Lou the big screens on either side of the stage showed photos of Kenzie and her dad from the day she was born What would Chad have given to be present tonight Jaber said he grew up without a dad and appreciated every day having a man like Jim Kennedy be there for him “I could walk into his office and sit in that white chair and tell him anything And my favorite (recognized) song from Act One was Elliot Hager singing What I Did for Love Act Two jolted the senses as the Singers lapsed into some silly songs like Good Vibrations and Sittin’ on the Dock of the Bay You expected Jimmy Buffett or at least a parrot to fly in And a shoutout here to costuming pro Cara Marshburn The singers hardly wore the same outfit twice but the highlight was Boogie Woogie Bugle Boy when the girls marched and sang dressed in military attire Powell High Singers (girls) perform Boogie Woogie Bugle Boy Graham Sexton and Gabe Walker performed Paper Dance then the six seniors sang Calling My Children Home – perfect harmony Kennedy showcased three songs that the Singers performed in competitions Then Kennedy performed “My Way / My Tribute,” accompanied on the piano by his daughter Wish I had thought to bring tissue to sell Then came the call for alumni to gather in front of the stage drew close and That Lonesome Road rang out sheltering Kennedy and the Powell High Singers for the last time Personal note: The Golden Age of Powell High School was the 13 years Allen Morgan served as principal He convinced students and staff that Powell High School was the best in Knox County And then he made it so by recruiting teachers like Jim Kennedy Powell High was the first in Knox County to be named “BEST” by the Knoxville Chamber; it was one of just four Tennessee high schools to be named a finalist in the National Schools Recognition Program (1990-91) Then Morgan went on to become superintendent of Knox County Schools And veteran teachers like Jim Kennedy are retiring but he also genuinely cares for his student and enacts discipline in his students to do things the right way Kennedy and thank you for your many years of music Footnote: Allen Morgan followed and enhanced the path created Vicky Dunaway low preforming school to the one of the best High Schools in the system Margaret: Vicky Dunaway followed Allen Morgan at Powell High but she was state principal of the year in 1996 Knox County’s last elected superintendent (And it’s been downhill ever since.) I misspoke about “the golden age of Powell,” though we tend to define the best time as when we or our kids were there graduated from PHS when Morgan was principal and he told me how great the school was every time I saw him for four years Related: , Tar Heels in the NBA This is where his true colors may come out or he may use the pressure as a ladder to inch closer to a championship and offseason payday A star in the NBA could break regular-season scoring records and shoot the greatest efficiencies known to humanity but will still tested for his playoff potential His prominent scoring and efficiency drop from the regular season to the playoffs was so drastic that even scientists could not study to figure out what went wrong Powell was heavily voted by Clipper fans as an All-Star and would have cracked the top three finalists for Most Improved Player but his injury seemed to have removed all the momentum from his system but the UCLA product was missing good-quality attempts and bunnies at the rim Moreover, Powell clearly never fully recovered from what his body endured and the Clippers saw his worst after the All-Star break and throughout the playoffs This ultimately caused his game-seven disaster against the Denver Nuggets At Intuit Dome against the Denver Nuggets, Norman Powell scored over 20 points in all three games with efficiencies above 50% head coach Tyronn Lue needed just one solid away performance and the altitude of the Mile High City denoted every possibility of occurrence shooting 39.5% from the floor and 33.3% from a distance This hinted at a storm with no sign of sunshine in game seven Though Powell was not the worst game-seven performer on the LA Clippers shooting 4-11 from the field and not a single make from beyond the arc which boiled down any scoring rhythm he tried to match he demonstrated why he was unplayable at times as the Clippers were outscored by 12 points in his first 18 minutes the Nuggets figured out Powell’s game four consecutive times at Ball Arena televising his weaknesses for opponents to write in their notebooks © 2025 Minute Media - All Rights Reserved The content on this site is for entertainment and educational purposes only Betting and gambling content is intended for individuals 21+ and is based on individual commentators' opinions and not that of Minute Media or its affiliates and related brands All picks and predictions are suggestions only and not a guarantee of success or profit If you or someone you know has a gambling problem crisis counseling and referral services can be accessed by calling 1-800-GAMBLER ","https://fansided.com/",{"alt":"63","src":"64","url":"65"},{"type":"62","value":"66"},"link","Minute Media","https://www.minutemedia.com/",{"text":"69","url":"6a"},{"type":"68","value":"6b"},"All Rights Reserved Betting and gambling content is intended for individuals 21+ and is based on individual commentators' opinions and not that of Minute Media or its affiliates and related brands He began writing for Clipperholics in April 2022 before being elevated to a Site Expert role in October 2023 Iliyan has written for FanSided’s ReignOfTroy he has also gained experience through internships with Sports Radio America and Fantom Sports Industries Moreover, Powell clearly never fully recovered from what his body endured At Intuit Dome against the Denver Nuggets, Norman Powell scored over 20 points in all three games with efficiencies above 50% Though Powell was not the worst game-seven performer on the LA Clippers Commons leader had appeared to suggest Reform commentator was using a political ‘dog whistle’ No 10 has backed the cabinet minister Lucy Powell after she apologised for appearing to suggest it was a “dog whistle” issue to discuss grooming gangs faced calls from the Conservatives to resign after she made the remarks on Friday night In a radio discussion, Tim Montgomerie, a Reform commentator, asked Powell if she had seen a Channel 4 programme about five girls who were sexually abused by grooming gangs saying: “In the heat of a discussion on AQ [Any Questions] I would like to clarify that I regard issues of child exploitation and grooming with the utmost seriousness I was challenging the political point scoring around it This government is acting to get to the truth and deliver justice.” said on Sunday that everyone makes mistakes and it was time to move forward after Powell had said sorry for her lack of clarity he told Sunday Morning with Trevor Phillips on Sky News: “Yes Reform said Keir Starmer should consider whether Powell was still fit to serve in her job went further by calling on Powell to resign “This shocking outburst from a Labour cabinet minister belittles the thousands of girls and women who were raped by grooming gangs over decades,” he said. “We have consistently called for a national inquiry in parliament, which has been blocked by Labour ministers who don’t seem to know or care about the disgusting crimes which have been perpetrated. “Anyone who has seen the shocking Channel 4 documentary will know that it is clearer than ever that this is not a ‘dog whistle’. To dismiss thousands of victims who were raped and the cover-up that followed is sickening. She should resign.” Read moreThe Channel 4 documentary has led to renewed calls for an inquiry into the grooming gang scandal which has led to accusations of failures in the police and social services Starmer said on Wednesday there had already been an inquiry and its recommendations would be implemented He told parliament that Labour was “delivering truth and justice for victims” Connecting decision makers to a dynamic network of information Bloomberg quickly and accurately delivers business and financial information Things are getting awkward for the Federal Reserve. it came as a major disappointment for Tar Heels fans while still giving people some hope he'll return When UNC basketball standout Drake Powell announced he was entering the NBA Draft while also retaining his college eligibility with him receiving an invite to the NBA Draft Combine it feels like the window for him to return to Chapel Hill continues to get smaller It also doesn't help that now some experts think he'll land in the first round Over the past week, several mock drafts have Powell going in the second round, but others don't see things that way. The list includes a new mock from CBS Sports' Kyle Boone "Powell's public commitment to the NBA Draft was a pleasant surprise to add to the depth of this year's class," Boone wrote about the UNC talent "He's a rangy wing defender with elite traits who profiles as a 3-and-D prospect with room to grow." with Boone expecting the Wizards to take Rutgers' Dylan Harper at that spot The draft would only be made better for the Eastern Conference side if they decided to take a bit of a gamble with Powell at No This past season for the Tar Heels and head man Hubert Davis 195-pound freshman averaged 7.4 points and 3.4 rebounds per game Powell signed with UNC in 2024 ranked five stars and the No 2 small forward in the country according to the 247Sports Composite He broke plenty of hearts when he revealed that he was going to enter the NBA Draft. Things were only made worse for North Carolina this week with Andrej Stojakovic committing to Illinois over the ACC side Plenty of UNC supporters will be thrilled for Powell if he becomes a mid first-round pick but it won't take away from the fact that people still wish he'll somehow have a change of heart and play one more season for Davis Over the past week, several mock drafts have Powell going in the second round, but others don't see things that way. The list includes a new mock from CBS Sports' Kyle Boone He broke plenty of hearts when he revealed that he was going to enter the NBA Draft. Things were only made worse for North Carolina this week with Andrej Stojakovic committing to Illinois over the ACC side Powell will land at an intriguing spot in CBS' new mock draft As Republicans in Congress eye sweeping Medicaid cuts, Missouri offers a preview Nationwide increases roll-up rates on L.inc+, High Point 365 annuity riders and money- making insights straight into your inbox Helping clients determine when and how to best claim benefits is valuable Most Guaranteed Lifetime Income Benefits are fully guaranteed others not so much; does your client understand what they have Make sure you are THE ONE in your territory who can answer common consumer questions [free guide] American Equity offers competitive commissions [Check out our FREE VIDEO on why you should have E&O.] Learn this and much more from the Society of FSP's FREE 2014 Advisor Success Kit Please select what you would like included for printing: Copy the text below and then paste that into your favorite email application longtime Iowa County Sheriff “48-1” died Saturday 2025.Jim was born in Iowa City on November 16 the son of Fred & Charlotte (Bidwell) Slockett he attended schools there and graduated from Mid Prairie High School in 1961 and then went on to run track at Northeast Missouri State University (now Truman State University) in Kirksville.Jim was drafted into the US Army and served his country in Vietnam from 1966-1970 where he was First Lieutenant platoon leader and reserve Captain earning numerous military awards and recognition that included the Silver Star multiple Bronze Stars including the Bronze Star with valor the Purple Heart and the Army commendation medal for heroism and meritorious achievement in ground combat.After his honorable discharge from the US Army Jim continued his years of service where he owned and operated Slockett’s Skelly gas station in Marengo was hired as a reserve police officer for the Marengo Police Dept was appointed Iowa County Civil Defense Director and then was elected Iowa County Sheriff in 1979 where he served for 24 years from 1980-2004 While with the department he and his staff were instrumental in the implementation of the county’s first 9-1-1 emergency system as well as securing the funds and passing of the new Iowa County law enforcement center and much more.Jim and former spouse Joanne had two children together-Missy & Luke and stoic Dad and could often be seen in his sheriff uniform standing by the exit of the gym field or track for a quick check of the score.Jim and partner Mary D Miller lived and made their home in Marengo A lifelong Iowa Hawkeye fan Jim also loved to fish the Iowa River and the Lac Seul Reservoir in Ontario Canada golf and play cards with his old cronies on “holy Tuesday,” proudly watch his kids and then grandkids sporting events serve in retirement as Honor Guard with the American Legion & he also enjoyed making batches of homemade tomato juice to compliment a cold beer.Jim is survived by his loving family: his partner Mary D Miller his children Missy (Jeff) Disterhoft & Luke (Shannon) Slockett; Brother Tom Slockett & Sister Terry Freese; Four Grandkids Ally & Nate Disterhoft; Brynlee & Bryar Slockett brother-in-law John Freese and many friends.A Celebration of Life Gathering will be held Tuesday There will be military honors and a sheriff recognition will be bestowed followed by a short message and prayer starting at 4:00 p.m Messages may be left at www.powellfuneralhomes.com Powell Funeral Home and Cremation Service in Marengo is caring for Jim and his family the family requests memorial donations be made in Jim’s memory to the American Legion Post #76 and that a drink be shared with good friends.The family would like to thank the staff at Essence of Life Hospice for their compassionate care given to Jim All text and images © Powell Funeral Homes Enter your phone number above to have directions sent via text This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply Service map data © OpenStreetMap contributors which will be held from May 11-18 at Wintrust Arena and the Marriott Marquis in Chicago The National Basketball Association announced its list of 75 participants for the 2025 NBA Draft Combine As part of thge league's Collective Bargaining Agreement all invited players are required to attend and participate in the NBA Draft Combine Drake Powell will be among this year's participants being the lone former UNC basketball standout to receive an invitation Drake Powell invited to the NBA Draft Combine. #UNC pic.twitter.com/1Z7wof2kme In what looks like his lone season in Chapel Hill He shot 48.3% from the field and 37.9% from three-point range the third-highest percentage from beyond the arc on the team While Powell's invitation shouldn't be a surprise you might be surprised to hear that former Tar Heel guards RJ Davis and Caleb Love did not receive an invitation to the event Notable College Basketball players that did not receive an invite to the NBA Draft Combine:Caleb LoveRJ DavisKadary RichmondWill RichardJaden AkinsJulian ReeseCliff OmoruyiJulian NewmanCurtis JonesChase HunterJahmyl Telfort pic.twitter.com/S9zIMwmdYs we all know how the NBA operates: the younger prospects are held in higher regard Teams are looking for talented players who they can mold for years to come as players who may have stayed four (or even five) seasons at the college level seem to be at a disadvantage due to their age College resumes don't mean as much anymore as they used to in the past but most older prospects struggle to convince NBA teams that they deserve a shot We've seen this narrative before with the likes of Armando Bacot and Brady Manek You could make the case that both players belong in the league but the opportunity hasn't presented itself his stat line in the G-League this season speaks volumes of how much his game has improved Even though they didn't receive invites to the NBA Draft Combine Davis and Love should still attract interest from NBA squads While they might not get selected in the upcoming NBA Draft both still have an chance to play professionally as the former Tar Heel must prove that he made the right choice in entering his name in the 2025 NBA Draft ","https://fansided.com/",{"alt":"6d","src":"6e","url":"6f"},{"type":"6c","value":"6g"},"link","Minute Media","https://www.minutemedia.com/",{"text":"6j","url":"6k"},{"type":"6i","value":"6l"},"All Rights Reserved Delahanty is the Site Expert for Keeping It Heel Follow him on X @NickDelahanty to talk about anything UNC related Drake Powell invited to the NBA Draft Combine. #UNC pic.twitter.com/1Z7wof2kme Notable College Basketball players that did not receive an invite to the NBA Draft Combine:Caleb LoveRJ DavisKadary RichmondWill RichardJaden AkinsJulian ReeseCliff OmoruyiJulian NewmanCurtis JonesChase HunterJahmyl Telfort pic.twitter.com/S9zIMwmdYs The former five-star recruit will have the chance to showcase his skills in front of NBA executives (WLAF)- Notice is hereby given that on May 2 of2025 Letters Testamentary (or of Administration as the case may be) in respect of the estate of Kenneth Powell were issued to the undersigned by the Campbell County Chancery Court of Campbell County and website in this browser for the next time I comment Enter your email address to subscribe to this blog and receive notifications of new posts by email Subscribe now to keep reading and get access to the full archive 2025 at 7:51 PM EDTBookmarkSaveTakeaways NEWPresident Donald Trump renewed criticism of Federal Reserve Chairman Jerome Powell as he championed his economic policies and tariff regime during a Tuesday event to mark his 100th day in office “Inflation is basically down and interest rates came down despite the fact that I have a Fed person who’s not really doing a good job,” Trump said at a rally just outside of Detroit According to Material Indicators (@MI_Algos) Bitcoin enters the week at a critical technical level with market participants closely watching the upcoming FOMC meeting and Jerome Powell’s press conference for cues on U.S These events are expected to trigger heightened volatility making the current sideways price action a key area for traders to monitor Investors should pay attention to immediate support near $60,000 and resistance near $65,000 as significant moves could be catalyzed by central bank commentary and macroeconomic data releases (source: Material Indicators A comprehensive crypto analytics platform offering trading signals and market data Welcome to your premier source for the latest in AI and AI search tools—driving tomorrow's innovations today KINGSVILLE, Mo. — A wave of federal funding cuts from the Trump administration is being felt across the Kansas City area. This time, cuts are affecting Powell Gardens The gardens were awarded a $217,000 grant from the Institute of Museum and Library Services (IMLS) The funding supported behind-the-scenes work: human resources While visitors may not directly see that work Powell Gardens leaders said the public will feel the difference “A lot of the things that make a cultural organization great that people don't see that has to happen every day,” said Cody Jolliff it's not the beautiful flowers; it's the things that are harder to get funded.” Jolliff said visitors could see fewer staff reduced programming and scaled-back events “We always want to offer the best visitor experience,” Jolliff said “So every day we talk about being visitor-ready some of the underlying things that make us visitor-ready every day.” The sudden loss is even more difficult because Powell Gardens “A lot of people think that we receive public funding so we rely solely on dollars coming from admissions membership and from donations from individuals and grants like the IMLS grant that we had applied for,” said Sharon Ramsey not just to internal operations but to the garden’s ability to serve the broader community Powell Gardens is one of several cultural and educational institutions affected by the federal cuts. Earlier this month, leaders at the Kansas City Public Library voiced concerns about reduced funding from IMLS director and CEO of the Kansas City Public Library noted that while larger libraries may absorb the cuts “It's not as impactful for large urban libraries,” Yellman said “It is very impactful for the small and rural libraries that depend on those funds for internet connectivity the loss of federal support means a deeper reliance on admissions KSHB 41 reporter Olivia Acree covers portions of Johnson County, Kansas. Share your story idea with Olivia Report a typo The Philadelphia Eagles select Virginia Tech Hokies outside linebacker Antwaun Powell-Ryland in Round 6 of the 2025 NFL Draft with the No. 209 overall pick. The Philadelphia Eagles select Texas offensive tackle Cameron Williams in Round 6 of the 2025 NFL Draft with the No. 207 overall pick. The Philadelphia Eagles select Michigan Wolverines offensive tackle Myles Hinton in Round 6 of the 2025 NFL Draft with the No. 191 overall pick. The Philadelphia Eagles select Syracuse Orange quarterback Kyle McCord in Round 6 of the 2025 NFL Draft with the No. 181 overall pick. The Philadelphia Eagles select Boston College Eagles center/guard Drew Kendall in Round 5 of the 2025 NFL Draft with the No. 168 overall pick. The Philadelphia Eagles select Georgia Bulldogs linebacker Smael Mondon in Round 5 of the 2025 NFL Draft with the No. 161 overall pick. The Philadelphia Eagles select Central Florida Knights cornerback Mac McWilliams in Round 5 of the 2025 NFL Draft with the No. 145 overall pick (via a trade with the New York Jets). NFL International Fan of the Year of Australia, Ryan Howroyd, announces the Philadelphia Eagles' selection of Nebraska defensive tackle Ty Robinson in Round 4 of the 2025 NFL Draft with the No. 111 pick. Super Bowl LII Champion Beau Allen announces Philadephia's selection of Texas Longhorns safety Andrew Mukuba in Round 2 of the 2025 NFL Draft with the No. 64 overall pick. The Eagles selected former Alabama linebacker Jihaad Campbell with the 31st overall pick in the 2025 NFL Draft. Watch his highlights from his time in Tuscaloosa. The Philadelphia Eagles select linebacker Jihaad Campbell in Round 1 of the 2025 NFL Draft with the No. 31 overall pick following a trade with the Kansas City Chiefs. What should an offensive lineman look like at the NFL Scouting Combine? Go back to 2013 and watch the full on-field workout from offensive tackle Lane Johnson, who would become the No. 4 overall pick, a two-time Super Bowl Champion, and one of the most decorated offensive linemen in Eagles history. Just how impressive was Saquon Barkley at the 2018 NFL Scouting Combine? Check out 2K SA's entire workout from the NFL Scouting Combine, which led to him being selected No. 2 overall in the NFL Draft. Before Nolan Smith turned in a monster playoff performance to help the Eagles win Super Bowl LIX, he had a standout performance at the 2023 NFL Scouting Combine, which led to him being a first-round pick. Watch his full on-field workout now! Eric Allen receives a Hall of Fame door knock from fellow Hall of Famer Randall McDaniel. Eagles legend Eric Allen reacts to his election to the Pro Football Hall of Fame. The Philadelphia Eagles accept the George Halas Trophy following their NFC Championship Game victory over the Washington Commanders. Lane Johnson discusses the pros and cons of playing in Week 18 against the Giants with playoff seeding secured and what makes this year's Eagles team special he embarks on his eighth career postseason run. The third and final Christmas album from The Philly Specials drops on November 22. Connor Barwin takes fans behind the scenes of what fans can expect on this new edition on Good Morning Football. NFL Network's Kyle Brandt crowns Saquon Barkley as the winner of Angry Runs for Week 7 on Good Morning Football. From the streets of Philly to the vibrant neighborhoods of São Paulo! Brazil native and devoted Eagles fan Alex Costabile took his family back to his roots for an unforgettable gameday in his hometown. Merrill Reese received the Pete Rozelle Radio-Television Award from the Pro Football Hall of Fame at the Gold Jacket Dinner on Friday night in Canton, Ohio. Reese is the longest-tenured play-by-play radio broadcaster in the NFL. He is entering his 48th season as the Voice of the Eagles. Quarterback Jalen Hurts joins NFL Network's Charles Davis and Mike Garafolo for an exclusive interview at Philadelphia Eagles Training Camp. Kylie Kelce and Ryan Hammond join NFL Total Access to talk about this Saturday's Eagles Autism Challenge and the mission of the Eagles Autism Foundation. New participants will have their registration fee waived by using code \"MAY24\" when signing up. Watch the announcement from Detroit as the Philadelphia Eagles select Houston Christian outside linebacker Jalyx Hunt in Round 3 of the 2024 NFL Draft with the No. 94 overall pick. Kylie Kelce and Ryan Hammond join NFL Total Access to talk about this Saturday's Eagles Autism Challenge and the mission of the Eagles Autism Foundation. New participants will have their registration fee waived by using code "MAY24" when signing up. The Commons leader has apologised after suggesting on BBC ‘Any Questions?’ that raising concerns over Asian grooming gangs was ‘dog whistle’ politics Notifications can be managed in browser preferences. I would like to be emailed about offers, events and updates from The Independent. Read our Privacy notice Lucy Powell’s remark came on BBC Radio 4’s Any Questions when she was responding to a point by Reform UK’s Tim Montgomerie Ms Powell interrupted as he was trying to question why Labour has blocked a national inquiry into the way gangs of men targeted young girls in towns and cities around the UK with the authorities failing to act. She said: “Oh, we want to blow that little trumpet now, do we? Let’s get that dog whistle out, shall we?” Her comment received widespread backlash and Ms Powell was accused of belittling the issue. The shadow home secretary, Chris Philp, has called for her to resign. Labour has been resisting calls for a national inquiry and recently cancelled five local inquiries it had promised. Ms Powell quickly issued a clarification on X (formerly Twitter) to apologise to those who felt she had not taken the issue seriously. As MP for Manchester Central, Ms Powell has had to directly deal with the fallout of the scandal with victims in her own constituency, which covers parts of Oldham. She said: “In the heat of a discussion on Any Questions?, I would like to clarify that I regard issues of child exploitation and grooming with the utmost seriousness. I’m sorry if this was unclear. I was challenging the political point scoring around it, not the issue itself. As a constituency MP, I’ve dealt with horrendous cases. This government is acting to get to the truth, and deliver justice.” Health secretary Wes Streeting also came to her defence and insisted she should not lose her job. Asked if he and his Labour colleagues see the grooming gangs scandal as a “dog whistle”, issue or a “coded signal to racists”, Mr Streeting said: “No and I don’t think that’s what Lucy intended to imply in a heated debate on Radio 4, and that’s why she’s apologised for what she said. “I don’t think for a moment she would have meant or wanted to imply that raising these issues, talking about these issues, is dog whistle.” “We all make mistakes” and the important thing is that “we own it”, Mr Streeting told Sky News’s Sunday Morning With Trevor Phillips programme. Asked if Ms Powell’s job as Leader of the House of Commons was safe, he said: “I think she’s made a genuine mistake, she’s owned up to it she’s said sorry and we’ll move on.” But Ms Powell was also criticised by former Labour adviser Tom Baldwin, Keir Starmer’s biographer, who described her remarks as “ill-judged”. Mr Montgomerie also addressed the confrontation on Sir Trevor’s show. He said: “There’s been a tendency – it’s gone on for too long now – to close all sorts of important debates down by throwing that racist charge at people.” He warned people feel there is a “stifling of debate”. “In the context of grooming gangs, an issue of such consequence, I think it was clearly ill-judged by Lucy Powell, but she was, I think she was keen to have a very strong go at Reform, and I was the representative of Reform that night. “But unfortunately, the words she chose have wider resonance. “And I think the only trouble, if she really is to get in trouble (is) if survivors come out in large numbers and object to what she said.” It was also pointed out that Ms Powell had pushed for one of George Galloway’s Respect candidates to be dropped over remarks he had made about rapes. The Tories have demanded she be sacked. Chris Philp MP, shadow home secretary, said: “This shocking outburst from a Labour cabinet minister belittles the thousands of girls and women who were raped by grooming gangs over decades. “We have consistently called for a national inquiry in parliament, which has been blocked by Labour ministers who don’t seem to know or care about the disgusting crimes which have been perpetrated. “Anyone who has seen the shocking Channel 4 documentary will know that it is clearer than ever that this is not a ‘dog whistle’. To dismiss thousands of victims who were raped and the cover-up that followed is sickening. Commons leader Lucy Powell (Stefan Rousseau/PA) govt and politics"},{"score":0.804451,"label":"/law govt and politics/government/parliament"},{"score":0.743169,"label":"/law govt and politics/politics"},{"score":0.733782,"label":"/society"},{"score":0.64376,"label":"/society/crime/sexual offense/rape"},{"score":0.642075,"label":"/law