Powell Signals Fed on Hold as Trump’s Economic Policies Take Shape
Federal Reserve Chair Jerome Powell made clear on Wednesday the US central bank intends to hold interest rates where they are for the foreseeable future, pointing to a number of reasons why he and his colleagues expect to take their time before lowering borrowing costs again.
"It's still a very strong Trump news cycle. The last thing Powell wants to do is to kind of paint a target on the Fed" by suggesting in any way that interest-rate policy "could interfere with the ...
Short-term Treasury yields fell slightly after Federal Reserve Chair Jerome Powell downplayed a language change in the Fed's policy statement. Asked about a change to the policy statement that removed ...
Despite its claims of neutrality, the Fed’s independence serves more as a shield against accountability than a safeguard of economic stability. Can bitcoin fix it?
Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was ...
Powell's term as chair ends in May 2026, when Trump can name a replacement.Until then, Trump's comments Thursday suggest he expects to regularly second-guess the Fed in public, despite a decades ...
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US Fed Meeting Outcome: FOMC's first interest rate decision of 2025 - Jerome Powell speech today LIVE linkThis is also the first interest rate decision of the US central bank since Donald Trump took charge as the 47th US President ...
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