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Fed, Trump and Powell

CBS News on MSN · 1d

Fed Chair Jerome Powell says he won't resign if Donald Trump asks him to step down

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.

Hosted on MSN · 1d

Powell and the Fed won't be able to avoid talking about Trump forever

Fed Chair Jerome Powell dodged question after question at his Thursday news conference from a press corps eager to elicit the central bank leader's thoughts about President-elect Donald Trump. Trump took a dim view of the Powell Fed during his first term ...

Bloomberg L.P. · 1d

Trump Is Stuck With the Fed’s Powell. Will He Make Peace?

Fortunately, there’s a clear way for him to mitigate that damage and start his term on the right foot with bond markets: He should declare his full faith in Federal Reserve Chair Jerome Powell, whose term runs until May 2026, and pledge to hold his tongue on matters of monetary policy.

The Fed cuts interest rates

Fed's Powell says election outcome has no near-term policy impact

Federal Reserve Chairman Jerome Powell said that for now, the central bank is not taking on board in its policy-making choices the outcome of this week's election.

USA Today · 1d

Fed cuts rates, says election has no bearing on policy

After rate cut, Fed chair says he has no plans to change policy following election :: November 7, 2024 :: Washington, D.C. :: Jerome Powell, Federal Reserve Chair "In the near term, the election will have no effects on our policy decisions.

CNET on MSN · 1d

The Rate Cut May Be Small, but the Fed Chair Is Going Big

At least, that's how Federal Reserve Chair Jerome Powell described potentially slowing the pace of interest rate cuts. Powell made the comments during a press conference following the Federal Open Market Committee's decision to cut interest rates by a quarter-percent.

2d

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 ...

2d

Fed’s Jerome Powell says he would not step down if Trump asked for his resignation: ‘Not permitted’

Federal Reserve Chairman Jerome Powell said Thursday that he would not step down from his position if President-elect Donald ...

1d

Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday in a move that preserves flexibility as ...

2d

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 ...

2d

Trump likely to allow Fed Chair Powell to serve remainder of his term, CNN reports

U.S. President-elect Donald Trump is likely to allow Jerome Powell to serve the remainder of his term as the Federal Reserve ...

1d

Trump has threatened to fire the chair of the US Federal Reserve. That could be bad news for inflation

Dismissing Jerome Powell would be a serious breach of long-standing norms of central bank independence. That doesn’t mean we ...

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