Fed chair Jerome Powell brushes off possibility Trump could fire Fed officials: ‘Well, it’s pretty clearly not allowed under the law’
Federal Reserve Chair Jerome Powell reiterated that he doesn’t believe the president of the United States has the authority ...
coinspeaker2d
Federal Reserve Chair Jerome Powell Confirms No Plans For US CBDC During His Tenure
The Donald Trump administration has advocated for stablecoins development instead of a Federal CBDC akin to China’s Digital Yuan (e-CNY).
WATCH: Powell says Trump’s calls for lower interest rates won’t affect Fed’s decisions
Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions.
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further
Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and ...
ABC News4d
Little to no relief from high borrowing costs expected as Fed Chair Powell heads to the Hill
Still, mortgage rates are closely tied to the yield on the 10-year Treasury note, which can move independently of the Fed's actions. The shifting expectations come as Chair Jerome Powell heads to ...
NBC Chicago16d
Fed meeting recap: Powell says central bank is in no hurry to cut rates again
The Federal Reserve kept interest rates at the current target range of 4.25% to 4.50% at the conclusion of its January meeting, but policymakers warned that inflation remains "somewhat elevated.
NBC Washington16d
Trump accuses Fed, Powell of creating inflation on heels of rate decision
As a presidential candidate in 2024, Trump said he would not reappoint Powell when his current term as Fed chair ends in 2026, though he also said he would not try to end Powell's tenure early.
AOL4d
Musk suggests closer scrutiny of Fed as Powell prepares to face Congress
Billionaire Elon Musk suggested in a series of social media posts this past weekend that the Federal Reserve should undergo closer scrutiny, making the comments just days before Fed Chair Jerome ...