1 day ago · US Fed Meeting LIVE Updates: The US Federal Reserve is set to announce its first monetary policy decision of 2025 on Wednesday (January 29) with expectations firmly pointing to an unchanged federal funds rate in the 4.25%-4.50% range. This will be the central bank’s first decision since Donald Trump took office as the 47th US President on January 20.

1 day ago · A fight is brewing between President Trump and Fed Chief Jerome Powell over the Federal Reserve’s unwillingness to aggressively cut interest rates. CNN’s Matt Egan talks to AGF Investment’s ...

2 days ago · The Fed planned to “move cautiously” with cuts going forward, Mr. Powell told reporters at the time, reflecting officials’ thinking that they could afford to be patient with scant signs of ...

Jerome Hayden " Jay " Powell (born February 4, 1953) is an American investment banker and lawyer serving since 2018 as the 16th chair of the Federal Reserve. Powell is expected to remain in his position during the second Presidency of Donald Trump at least through 2026. [2]

3 days ago · Follow live coverage of the January FOMC meeting and Fed chairman Jerome Powell's press conference.

Jan 8, 2025 · Jerome Powell (born February 4, 1953, Washington, D.C., U.S.) is the chair of the Board of Governors of the Federal Reserve System (“the Fed”), the central bank of the United States.

Nov 14, 2024 · Economic output grew by more than 3 percent last year and is expanding at a stout 2.5 percent rate so far this year. Growth in consumer spending has remained strong, supported by increases in disposable income and solid household balance sheets. Business investment in equipment and intangibles has accelerated over the past year.

Dec 18, 2024 · The Federal Reserve will conclude its final meeting of 2024 on Wednesday, and next year will likely be Fed Chair Jerome Powell's last full one at the helm of the U.S. central bank, with his...

Jerome H. Powell first took office as Chair of the Board of Governors of the Federal Reserve System on February 5, 2018, for a four-year term. He was reappointed to the office and sworn in for a second four-year term on May 23, 2022.

May 23, 2022 · Jerome H. Powell on Monday took the oath of office for his second term as Chair of the Board of Governors of the Federal Reserve System. Chair Powell's oath was administered by Vice Chair Lael Brainard in the press briefing room of the Board's Martin building.