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 ...
Fed Cuts By 25 Bps, To 4.75% Top Of Range, As Telegraphed To Backpedal From Monster Cut
FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis points, after the 50-basis point cut at ...
Insurancenewsnet.com4h
As job market slows, Fed cuts interest rates again
The Federal Reserve lowered interest rates Thursday by a quarter of a percentage point as inflation continues to cool, but a cloudy economic outlook after Donald Trump was elected again could make the ...
Outlook Business5h
Federal Reserve Lowers Rates by 25 Basis Points, Powell Sets Aside Resignation Concerns
Fed Chair Jerome Powell mentioned that the 2024 US presidential election result will have no immediate impact on the economy ...
US Fed Meeting: FOMC Cuts Key Interest Rates By 25 Bps; Jerome Powell Says, "Policy Still Remains Tight"
The FOMC, led by chair Jerome Powell, trimmed key interest rates by 25 basis points while seeking to achieve maximum ...
The Day10h
Fed cuts interest rates again, amid uncertain economic outlook
The Federal Reserve lowered interest rates Thursday by a quarter of a percentage point as inflation continues to cool, but a ...
The Highland County Press12h
Federal Reserve issues statement after lowering interest rate by 1/4-point
The Committee seeks to achieve maximum employment and inflation at the rate of two-percent over the longer run. The Committee judges that the risks to achieving its employment and inflation goals are ...
Most of Wall Street rises after the Fed cuts interest rates
JPMorgan Chase fell 4.3%, a day after banks decisively led the market on expectations that a stronger economy and lighter ...
Fed Chair Powell stands firm amid questioning about whether Trump will push him out
Fed Chair Jerome Powell said he wouldn't resign if Donald Trump asked him to, adding that firing him without cause is "not ...
The Fed Cuts Rates, but the Path Ahead Is Less Clear
The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up ...
Jerome Powell Dismisses Idea of Trump Firing Him
Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in ...
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to cut interest rates by a quarter percentage point, following a half-point cut in September, and the outlook for inflation ...