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Federal Reserve Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. The decision comes after the administration ...
FILE PHOTO: U.S. Federal Reserve Chair Jerome Powell speaks during a press conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington, U.S ...
Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, Dec. 18, 2024, in Washington. (AP Photo/Jacquelyn Martin) (ASSOCIATED PRESS)
Federal Reserve Board Chairman Jerome Powell speaks during a news conference at the Federal Reserve, Wednesday, Dec. 18, 2024, in Washington. (AP Photo/Jacquelyn Martin) ASSOCIATED PRESS
“The economy is not sending any signals that we need to be in a hurry to lower rates,” the Fed chair said. Powell says Fed will likely cut rates cautiously given persistent inflation pressures ...
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s ...
Powell on Monday reiterated a point he made immediately following the Sept. 18 meeting, saying the Fed’s decision to slash rates by 50 basis points instead of 25 reflected growing confidence ...
Trump nominated Powell to lead the Fed in 2017. Powell's term as Fed chair ends May 15, 2026. Powell's term as Fed chair ends May 15, 2026. —This is a breaking story and will be updated.