Opinion
Trump Is Stuck With the Fed’s Powell. Will He Make Peace?
Fortunately, there’s a clear way for him to mitigate that damage and start his term on the right foot with bond markets: He should declare his full faith in Federal Reserve Chair Jerome Powell, whose term runs until May 2026, and pledge to hold his tongue on matters of monetary policy.
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to trim interest rates by a quarter point from the current target range of 4.75%-5.0%. The Fed will issue its rate decision at 2 p.m. Eastern on Thursday, followed by Chair Jerome Powell's press conference at 2:30 p.m.
While Trump has previously said he wouldn’t fire Powell, he has said he would not nominate him again after his term ends in ...
“No,” he said when asked during a news conference. Powell also said presidents removing members of the Fed is "not ...
Will President-elect Donald Trump try to fire Jerome Powell before the Fed chairman's term ends? Don't bet on it, say ...
The Federal Reserve cut interest rates Thursday after its two-day meeting. Chair Jerome Powell held a news conference ...
Federal Reserve Chairman Jerome Powell said that for now, the central bank is not taking on board in its policy-making ...
Federal Reserve Chair Jerome Powell said the presidential election will have “no effects” on policy decisions. The fed cut ...
Asked about whether the Federal Reserve is considering a pause in rate cuts in December, Chair Jerome Powell said officials ...
After all, the Fed's primary tool for fighting inflation has been rate hikes. While traders feel certain the Fed will deliver a 25-basis-point cut at the conclusion of this week's meeting, the outlook ...
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