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Fed levies another rate cut
Watch live: Fed Chair Jerome Powell speaks after interest rate cuts
Federal Reserve Chair Jerome Powell is giving remarks Thursday afternoon, as the Biden administration prepares to cut interest rates for a second time. The decision comes after the administration announced late last month that price increases have fallen to their lowest level in more than three years.
Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
Follow news from today's Fed meeting where the FOMC is expected to cut interest rates and chair Jerome Powell will speak.
LIVE: Fed Chair Powell takes questions on decision to cut key interest rate
The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week.
3d
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 ...
3d
Live Updates Now: Powell Says He Won't Step Down If Trump Asks
The Federal Reserve Open Markets Committee concluded its two-day meeting today and cut its influential benchmark rate. Follow along for live updates.
4d
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 ...
1h
Dow jumps 300 points, poised for first close above 44,000 as Trump enthusiasm continues: Live updates
Bank stocks largely boosted the Dow, as investors hope the sector could see weaker regulation in a second Trump ...
3d
US Fed Meeting Live Updates: Wall Street logs best Fed day in 2024 after Powell-led FOMC cuts key rates by 25 bps
Jerome Powell-led FOMC voted unanimously to slash the benchmark interest rate by 25 bps to 4.50 - 4.75 per cent in the ...
Wall Street Journal
4d
Powell Says Election Will Have ‘No Effect’ on Fed’s Policies in Near Term
Federal Reserve
Chair Jerome
Powell
told reporters that the recent election of Donald Trump to a second presidential term ...
3d
Jerome Powell Dismisses Idea of Trump Firing Him
Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in ...
3d
US Fed Meeting Live Updates: Wall Street ticks higher ahead of Powell-led FOMC verdict, US yields drop
Jerome Powell-led FOMC last reduced the policy rate by 50 bps for the first time in four years in September after leaving it ...
3d
Fed's Powell Still Confident That Inflation Progress Is on Track
Federal Reserve
Chair Jerome
Powell
said Thursday that inflation data show that the U.S. has made “significant progress” ...
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