jerome powell

Powell indicates further, smaller rate cuts, insists the Fed is ‘not on any preset course’

Federal Reserve Chair Jerome Powell said Monday that the recent half percentage point interest rate cut shouldn’t be interpreted as…

David Tepper says the Fed has to cut rates at least two or three more times to keep credibility

Appaloosa Management’s David Tepper said investors should believe the Federal Reserve when it says it will lower interest rates because…

Biden claims he’s ‘never once spoken’ to Powell as president, but they met in Oval Office in 2022

President Joe Biden on Thursday said he had “never once spoken” to Federal Reserve Chair Jerome Powell while he was…

Watch: Biden delivers remarks at the Economic Club of Washington, D.C.

[The stream is slated to start at 1:15 p.m. ET. Please refresh the page if you do not see a…

The Fed has set out on a ‘recalibration’ of policy. Here’s what Powell’s new buzzword means

Federal Reserve Chair Jerome Powell has unveiled his latest buzzword to describe monetary policy, with a “recalibration” of policy at…

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

LONDON — The Bank of England on Thursday said it would hold interest rates steady following its initial cut in…

Powell downplays impact of rate cut on Trump-Harris presidential race

Federal Reserve Chair Jerome Powell suggested that Wednesday’s larger-than-expected interest rate cut may have a limited effect on the presidential…

Fed slashes interest rates by a half point, an aggressive start to its first easing campaign in four years

WASHINGTON – The Federal Reserve on Wednesday enacted its first interest rate cut since the early days of the Covid…

The Fed’s biggest interest rate call in years happens Wednesday. Here’s what to expect

For all the hype that goes into them, Federal Reserve meetings are usually pretty predictable affairs. Policymakers telegraph their intentions…

Former Dallas Fed President Kaplan advocates for a half-point interest rate cut

If Robert Kaplan still had a say in the matter, he’d be pushing for a half percentage point interest rate…