Fed chief Powell's candid words revamp interest rate cut bets
Will the Fed change interest rates? When and, if so, by how much? 💵💰Don't miss the move: Subscribe to TheStreet's free daily newsletter 💰💵 The FOMC indeed held a two-day meeting, which ended Wednesday,
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and rising inflation risks. Jerome H. Powell, the Fed chair, said the central bank was not on a “pre-set course.
Powell Says Fed Is Meaningfully Above Neutral Rate
Powell made clear that Fed policymakers are in no rush to reduce interest rates further, after lowering borrowing costs by a full percentage point in the final months of 2024. Whe
Fed hold rates steady, sees inflation as ‘elevated,’ as Powell declines comment on Trump
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation remains above its 2% target: Its preferred measure is at 2.4%, though core prices — considered a better gauge of where inflation is headed — rose 2.8% in November from a year ago.
What Time Is the Fed's Interest-Rate Decision Today—and How to Watch Jerome Powell's Speech
The first Federal Open Market Committee meeting of 2025 is here. The Federal Reserve's policymaking arm concludes its two-day meeting that began on Tuesday and delivers a decision on interest rates later today.
Three takeaways from Fed Chair Powell's rate policy comments
The Federal Reserve continues to hold interest rates where they are in January, with Fed Chair Jerome Powell later commenting that the central bank isn't in any hurry to adjust its fiscal policy plans for 2025.
Fed Holds Rates Steady Amid ‘Elevated’ Inflation and Trump Uncertainty
Though the Fed and its chairman, Jerome Powell, repeatedly tout their independence from the political world, it is clear from comments from Fed officials that they believe inflati
Trump Lashes Out At Jerome Powell After Fed Doesn’t Cut Interest Rates
Trump’s blasting of the Federal Reserve and Jerome Powell came just hours after the announcement that interest rates would stand at 4.25% to 4.5%.
Jerome Powell says the Fed is in no hurry to adjust rates
Federal Reserve Chair Jerome Powell said the central bank is in no hurry to adjust its policy stance. What we know about the passenger plane collision near Washington, DC I Asked 4 Chefs the Best Way To Cook Steak—They All Said the Same Thing Boat packed with migrants intercepted amid Trump's mass deportation effort I moved from the US to Rome for a slower pace of life,
US central bankers resist pressure from Donald Trump to cut interest rates
Jay Powell 1, Donald Trump 0. The president did not get what he wanted from the US Federal Reserve chair yesterday. Jay Powell and his fellow central bank officials held interest rates steady, defying pressure from Donald Trump to slash borrowing costs.
Powell Does ‘Clean-Up’ on Fed Flick at Stalling in Disinflation
I’m Chris Anstey, an economics editor in Boston. Today we’re looking at the Fed’s policy meeting. Send us feedback and tips to ecodaily@bloomberg.net or get in touch on X via @economics. And if you aren’t yet signed up to receive this newsletter,
Powell Says He Hasn’t Had Contact With President Trump
President Donald Trump has called out the Federal Reserve in recent weeks, urging the central bank to continue cutting ...
Powell holds interest rates — and his ground: Morning Brief
During the disorienting flurry of Trump's executive orders, Fed Chair Powell issued an edict of his own. He's defending the ...
Transcript: Fed Chief Jerome Powell’s Postmeeting Press Conference
Federal Reserve Chair Jerome Powell discussed the central bank’s decision to hold the benchmark federal-funds rate at its ...
Bitcoin Extends Advance After Fed Meeting, Powell Commentary
Bitcoin extended its biggest jump in more than a week following the Federal Reserve’s latest monetary policy meeting and ...
Fed Meeting Today Live: The FOMC is Struggling With More Uncertainty Than Usual, Chair Powell Says
Welcome to Investopedia's live blog of the Federal Reserve's January meeting. Here, we will bring you the latest news on the ...
Powell Says There Is No ‘Hurry’ to Adjust Policy Stance
Jerome H. Powell, the Fed chair, characterized policy settings as still “meaningfully restrictive,” suggesting that interest ...
Powell pushes back on Musk's claim Fed is 'absurdly overstaffed'
Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," ...
When Glen Powell Almost Died While Filming This Cliffside Scene With Sydney Sweeney
Glen Powell risked more than just his dignity filming Anyone But You. Read on to learn more about how he risked his life ...