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US Election Will Have No Near-term Effect On Fed Policy
The Fed Could Slow the Pace of Rate Cuts Next Year, Powell Suggests
After delivering back-to-back interest rate cuts this fall, the Federal Reserve is on a cautious, data-dependent path. Whether due to economic uncertainty, election implications, or a declaration of “mission accomplished” on the inflation front,
Fed’s Powell: Election Will Have ‘No Effect’ on Rate Decisions in Near Term
After cutting interest rates by a quarter point, Fed Chair Jerome Powell said he understands consumers are still experiencing high prices, and that he would not resign if asked by President-elect Donald Trump.
Fed Chair Powell: Election will have 'no effects' on policy decisions
Federal Reserve Chair Jerome Powell said the presidential election will have “no effects” on policy decisions. The fed cut key interest rates a quarter point.
Powell says he would not resign
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 re-election of Donald Trump, saying he wouldn’t resign if asked and insisting the incoming president doesn’t have the power to fire him or other senior Fed leaders.
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 Trump asked for his resignation. When asked by reporters if he would resign per Trump’s request, Powell simply said: “No.”
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 in 2017, but repeatedly lashed out against the central bank chief during his first term as president, arguing Powell was not easing monetary policy quickly enough.
52m
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 ...
19h
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
1h
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 ...
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 ...
20h
on MSN
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 ...
MSNBC
13h
'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." ...
3d
The Fed tries to stay above politics. But a lot is at stake for the central bank on Election Day.
The Federal Reserve and Chairman Jerome Powell have a lot riding on Tuesday's election, even as the central bank has spent ...
3d
Will the Fed really 'lose control' of the bond market?
When Federal Reserve Chair Jerome Powell and his colleagues meet this week to discuss their next interest rate move, they'll ...
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