Thursday, November 21, 2024

Tag: Powell

Fed Chair Powell: ‘I Won’t Step Down for Trump!’

Jerome Powell affirmed he won't resign if requested by Trump, emphasizing the Fed's independence and the complexity of economic forecasting.

The Rate Debate: Should the Fed Act Now to Save the Economy?

The Federal Reserve is expected to keep rates unchanged, though some advocate for a cut now due to economic stability concerns.

Powell’s Big Announcement: Rate Cuts Could Be Just Around the Corner

Yesterday, the U.S. Federal Reserve kept interest rates steady at 5.25%-5.50%, hinting at a possible cut in September.

Fed’s Powell hints at interest rate cuts, but adds more evidence needed

Federal Reserve Chair Jerome Powell hinted at a possible interest rate cut during Tuesday's European Central Bank forum in Portugal.