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Fed levies another rate cut
Watch live: Fed Chair Jerome Powell speaks after interest rate cuts
Federal Reserve Chair Jerome Powell is giving remarks Thursday afternoon, as the Biden administration prepares to cut interest rates for a second time. The decision comes after the administration announced late last month that price increases have fallen to their lowest level in more than three years.
Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak.
LIVE: Fed Chair Powell takes questions on decision to cut key interest rate
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 presidential election victory this week.
3d
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to ...
4d
Fed meeting today: Interest rates cut by quarter-point as Powell wrestles with Trump's election win, inflation questions
Fed
Chairman Jerome
Powell
said the U.S. economy is in very good condition, but "people are still feeling the effects of ...
3d
Live Updates Now: Powell Says He Won't Step Down If Trump Asks
The Federal Reserve Open Markets Committee concluded its two-day meeting today and cut its influential benchmark rate. Follow along for live updates.
1h
Dow jumps 300 points, poised for first close above 44,000 as Trump enthusiasm continues: Live updates
Bank stocks largely boosted the Dow, as investors hope the sector could see weaker regulation in a second Trump ...
Wall Street Journal
3d
Powell Says Election Will Have ‘No Effect’ on Fed’s Policies in Near Term
Federal Reserve
Chair Jerome
Powell
told reporters that the recent election of Donald Trump to a second presidential term ...
3d
Powell Says 25 Basis-Point Cut Was ‘Further Recalibration’
Federal Reserve Chair Jerome Powell categorized the U.S. economy as “strong” on Thursday, saying that officials cut rates by ...
3d
Jerome Powell Dismisses Idea of Trump Firing Him
Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in ...
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