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Jerome Powell

Why the US Fed chief won’t capitulate to Trump

Barely a day after declaring victory in the US election, President-elect Donald Trump is facing his first revolt from the establishment.The world's most powerful...

Can Trump Fire Jerome Powell? Fed Chairman Says He Won’t Resign If Trump Asks

Topline Federal Reserve Chairman Jerome Powell told reporters Thursday he would not step down from his appointed position if Donald Trump asked him to, saying...

CNBC Daily Open: Powell maintains that elections won’t sway Fed’s policy

Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on November...

Federal Reserve cuts interest rates by a quarter point

The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before but continuing its efforts to...

Dow futures jump 500 points, Russell 2000 futures rise 2% as traders bet Trump winning: Live updates

U.S. Flags on the front of the New York Stock Exchange hang behind the street signs making the corner of Wall and Broad Streets...

The Fed just made a jumbo rate cut. Here are 5 takeaways on what it means for mortgages and more.

In making its first interest rate cut in more than four years, the Federal Reserve went big — a decision that took some economists...

Bank of England presses pause on rate cuts, highlights ‘gradual approach’

Commuters cycles past the Bank of England (BOE), left, in the City of London, UK, on Monday, Sept. 16, 2024. The central bank's Monetary...

FTSE 100 LIVE: European markets rise after Federal Reserve cuts interest rates by half point

Stocks in Asia were mostly higher overnight with the Nikkei (^N225) rising 2.1% on the day in Japan, while the Hang Seng (^HSI) climbed...

Fed meeting recap: Chair Jerome Powell defends central bank’s decision to go big with first cut

Risk of downturn not heightened following rate decision, Powell saysFederal Reserve Chair Jerome Powell does not see the risk of an economic downturn being...

Fed Governor Waller backs interest rate cut at September meeting, open to larger move

Christopher Waller, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. A trio...

US markets and European stocks mixed after Powell says ‘time has come’ for rate cuts

As UK markets close for the August bank holiday Monday, global markets were mixed following Federal Reserve chair Jerome Powell's speech at the Jackson...

Fed Chair Jerome Powell signaled that interest rate cuts are coming. Here’s what experts are saying

In This StoryFederal Reserve Chair Jerome Powell’s speech at the Jackson Hole conference has not only lifted the stock market but also garnered praise...

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