Federal Reserve Chair Jerome Powell has steered the world’s most powerful central bank during a tumultuous period for the US economy, from the pandemic to a historic bout of inflation shortly after. But the job isn’t finished yet. Inflation is now well ...
Federal Reserve Chair Jerome Powell discussed the central bank’s decision Wednesday to cut the benchmark federal-funds rate to a range between 4.25% and 4.5%, a two-year low, after the Fed cut rates at its two previous meetings.
Powell's more than six years as Fed chief have been consequential, but the coming months could present new challenges.
Though most economists had anticipated another cut, Fed board chair Jerome Powell indicated it was a close call and that 2025 would see a more cautious approach. Inflation and employment have been identified as the top priorities for the Fed,
CLICK HERE TO READ MORE FROM THE WASHINGTON EXAMINER Federal Reserve Chairman Jerome Powell will host a press conference at 2:30 p.m. Federal Reserve officials are expected to announce their third and final interest rate cut of 2024,
Elon Musk has set his sights on the Federal Reserve, calling it “absurdly overstaffed” in a post on X (formerly Twitter).
Federal Reserve Chair Jerome Powell hinted Wednesday that the economic policies of President-elect Donald Trump are starting to become top of mind for the central bank.
President-elect Donald Trump’s favorite barometer of his success — the stock market — had been humming since his reelection. Business-friendly promises of deregulation and tax cuts got investors excited with anticipation of unlocked profit and easy money.
As many economists know, Federal Reserve Chairman Jerome Powell and the US President-elect Donald J. Trump do not see eye to eye on practically everything. The political “indifference” is nothing short of pronounced;
Federal Reserve Chair Jerome Powell helped spark a wild week on Wall Street, but a signal that policymakers have put further rate cuts on pause is looking like the right call after a closely watched inflation indicator and another round of budget brinkmanship on Capitol Hill.
For all the buzz around artificial intelligence and the Trump Trade, the Federal Reserve continues to dominate the narrative in financial markets. Through most of 2024, that’s been a boon for asset prices.