Fed's Powell says Trump's plans for tariffs, immigration won't impact interest rate move
Fed chief Jerome Powell said President-elect Donald Trump's tariff threats won't affect an interest rate decision this month.
Powell: Fed’s independence from politics is vital to its interest rate decisions
Chair Jerome Powell said the Federal Reserve’s ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or political outcome.
Powell says he's not worried about the Fed losing its independence under Trump
Fed Chair Jerome Powell said Wednesday he isn't worried that President-elect Donald Trump will try to politicize the central bank once he takes office in January. There are safeguards in the congressional legislation that created the central bank that will help preserve it from political influences,
Powell says Fed can afford to be a little more cautious
U.S. Federal Reserve Chair Jerome Powell on Wednesday said the economy is stronger now than the central bank had expected in September when it began reducing interest rates, and appeared to signal his support for a slower pace of interest-rate cuts ahead.
Powell Not Concerned About the Fed’s Independence Under Trump
Speaking at The New York Times DealBook Summit, the chair of the Federal Reserve, Jerome H. Powell, said there was strong bipartisan support on Capitol Hill for the central bank’s independence.
Fed’s Powell Expects Good Relations With Trump Administration
Federal Reserve Chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can move cautiously as they continue lowering interest rates.
Powell Addresses Shadow Chair Proposal, Reiterates the Fed Isn’t in a Rush to Cut Rates
Speaking at a summit Wednesday afternoon, Powell also reiterated recent remarks that the Fed is in no rush to further lower ...
Fed Sees Economy Solid, Inflation Easing as December Rate Cut Looms
Markets are still pricing in another cut in interest rates of 25 basis points when the Fed meets in two weeks. Unless things ...
Fed’s Beige Book says economy is stable. Companies more optimistic about 2025, but tariffs a worry.
The U.S. expanded steadily in November, but hiring was subdued and inflation was still a nagging problem in some parts of the ...
US Fed's Powell does not see Trump installing 'shadow' chair
Federal Reserve Chair Jerome Powell said on Wednesday he is not worried the incoming administration will undermine him as U.S ...
Fed Chair Powell Acknowledges Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the ...
Stock market today: Nasdaq, Dow, S&P 500 hit records as tech surges, Fed's Powell says economy in 'remarkably good shape'
Markets kept moving higher as Powell spoke at the New York Times DealBook Summit and did little to shake investor confidence ...
Fed's Musalem Expects More Rate Cuts but Says Easing Path Is Less Clear
Financial markets expect the Fed to cut its policy rate by a quarter of a percentage point from the current 4.50%-4.75% range ...
Fed Chair Powell to Speak This Afternoon
Federal Reserve Chair Jerome Powell is scheduled to speak in a moderated discussion at about 1:40 p.m. ET Wednesday. The ...
US economy grew slightly in recent weeks, Fed survey says
U.S. economic activity has expanded slightly in most regions since early October, with employment growth "subdued" and ...