Yet, Powell’s defiance ought to provoke us to ask why wealthy, pampered, out-of-touch technocrats like Jerome Powell get to ...
Trump would also face a potentially steep decline in the stock market if he appeared to seriously threaten the independence of the Fed, some experts said. Bank executives and other business leaders ...
Two days after Donald Trump won the presidential election, the Federal Reserve announced a 25-basis-point interest-rate cut.
The Federal Reserve cut its benchmark interest rate by a quarter of a percentage point Thursday, as expected, to the ...
Jerome Powell, Chair of the Federal Reserve Board made the announcement on Thursday, Nov. 7. With inflation cooling several weeks ago, the benchmark interest rate, known as the federal funds rate, ...
The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.
The Fed chair dodged question after question at his news conference Thursday about his thoughts on President-elect Donald ...
Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.
Radical, it's far to say, isn't part of the sixteenth Fed chairman's personal or professional makeup.But that doesn't mean he's not up for a fight. Powell, whose term at the helm of the world's most ...
President-elect Donald Trump is expected to retain Federal Reserve chair Jerome Powell until his term expires in May of 2026.
Fed chair Powell said rising yields not principally about higher inflation expectations, more about likelihood of stronger growth. Read more here.