Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was reappointed by Obama and sworn in on June 16, 2014, for a term that expires on Jan. 31, 2028.
Federal Reserve interest rate decision, Jerome Powell comments, PCE inflation, U.S. GDP, and earnings from Tesla, Meta, Microsoft, Apple and more.
The Federal Reserve in the US meets in the coming week, and there’s a good chance it leaves policy settings unchanged. That would see the upper bound of the Fed Funds Rate, the US version of our Official Cash Rate (OCR),
Despite its claims of neutrality, the Fed’s independence serves more as a shield against accountability than a safeguard of economic stability. Can bitcoin fix it?
Speaking virtually at the World Economic Forum in Davos, Switzerland, President Donald Trump indicated Thursday that he would “demand that interest rates drop immediately.” Since setting rates is the prerogative of the supposedly politically independent Federal Open Market Committee,
In an address to the World Economic Forum in Switzerland, delivered via video link Thursday, President Donald Trump revisited his displeasure with the policy direction of the U.S. Federal Reserve that surfaced during his first term in spite of having appointed the leader of the monetary body.
The president has begun a pressure campaign on the Fed to lower interest rates faster, despite ongoing inflation concerns.
The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling inflation under close and vocal scrutiny from President Donald Trump. - Trump's 'demands' lower rates - Trump has frequently criticized the Fed,
President Donald Trump questioned Federal Reserve Chair Jerome Powell’s decision making on interest rates and said he planned to speak to the central bank chief “at the right time.”
The Federal Reserve is expected to maintain interest rates at 425-450 basis points on January 29, supporting a continued stock market rally. Read more here.
Investors looking ahead to next week's Federal Reserve policy meeting shouldn't expect any big revelations on interest rates from the central bank's Chair Jerome Powell, according to Molly Brooks, U.S.