Powell, Fed and interest rates
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Interest rates should continue their downward journey, as forecasters expect another rate cut from the Fed on Oct. 29. Are more cuts coming?
Federal Reserve governor and chair candidate Christopher Waller joined "Kudlow" to retort chairman Jerome Powell’s claim the agency is driving through "fog."
The Fed leader discussed the reasoning behind the central bank’s decision to cut rates at its second straight meeting as well as the move to stop shrinking its multitrillion-dollar asset portfolio.
Powell added that tariffs are fueling inflation and the downside risks to employment appear to have arisen in recent months.
Federal Reserve Chair Jerome Powell’s blunt warning that investors need to rein in expectations for a December interest-rate cut underscored a growing tug-of-war among US policymakers who are opposed in their outlooks for jobs and inflation.
The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring even as inflation stays elevated.
Federal Reserve Chairman Jerome Powell plans to serve out his term, which ends in May of 2026, but that isn't stopping Treasury Secretary Bessent from moving ahead with finding his replacement.
Follow along with live updates from October's Federal Reserve meeting. Get real-time analysis of Jerome Powell’s comments, market reaction, and what the Fed’s move means for inflation, jobs, and your money.
In February, the 12 presidents at the regional Federal Reserve banks will need to be reconfirmed in their jobs by the central bank’s Board of Governors. President Donald Trump’s effort to gain control
Fed Chair Jerome Powell will have to steer his way through a suddenly very contentious atmosphere among policymakers that will make whichever direction the Fed chooses divisive. While Wall Street economists were split over whether the FOMC will in fact approve another reduction at the Dec.