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Fed levies another rate cut
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 officials contend with a cooling labor market and lower inflation. Tuesday’s election didn’t alter the Federal Open Market ...
Fed Cuts Interest Rates Again, Powell Says He Won’t Resign if Trump Asks
“In his view, inflation is conquered, but I have some concerns,” says Dan North, senior economist for North America at Allianz Trade, referring to
Fed
Chairman Jerome
Powell
. Asked directly Thursday whether he would resign if asked by Donald ...
Fed's Powell flags careful, patient approach after rate cut
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as its policymakers began taking stock of what could become a more complex economic landscape when President-elect Donald Trump takes office next year.
45m
'No': Fed chair Powell says he will not resign if Trump asks
Federal Reserve Chairman Jerome Powell was asked if he would resign if President-elect Trump were to ask and he said "no." ...
20h
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 ...
justthenews
2h
Fed Chairman Powell says won't step down if Trump asks him to leave
“No,” he said Thursday when asked about the matter during a
news
conference.
Powell
also said presidents removing members ...
18m
US Fed chairman Jerome Powell says he will not leave early if asked by Trump
US Federal Reserve chairman Jerome Powell said on Nov 7 that he would not resign if asked to leave early by President-elect ...
InvestmentNews
5h
Powell says he will fight for the Fed, won't resign if asked
Federal Reserve Chair Jerome Powell made clear he’s ready to defend the US central bank from political pressure following the ...
23h
Fed meeting today: Interest-rate cuts slated as Powell wrestles with Trump's election win, inflation questions
Will President-elect Donald Trump try to fire Jerome
Powell
before the
Fed
chairman's term ends? Don't bet on it, say ...
19h
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 ...
CNBC on MSN
20h
Powell says he would not resign as Fed chief if Trump asked for his resignation
Investors will be closing watching the president-elect's contentious relationship with the Fed chair. Trump appointed Powell ...
Opinion
5h
Opinion
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 ...
15h
CNBC Daily Open: Powell maintains that elections won't sway Fed's policy
If inflation resurfaces because of the incoming administration’s policies, the Fed’s likely to stay its hand in lowering ...
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