Fed chair Jerome Powell says US interest rate cut has nothing to do with election

Watch live: Fed Chair Jerome Powell speaks after interest rate cuts

Federal Reserve Chair Jerome Powell will remarks Thursday afternoon as the independent central bank prepares to cut interest rates for a second time. The decision comes after the administration ...

Politics - The Hill - 5 days ago

Fed cuts interest rates as Powell says he will not resign as chair

US central bank lowers target range by a quarter point to 4.5%-4.75%

World - Financial Times - 5 days ago

Fed Chair Jerome Powell says he won't resign if Trump tries to remove him

Federal Reserve Chairman Jerome Powell said he would not step down if pressured by President-elect Trump. The Fed also cut interest rates by one quarter of a percentage point. MoneyWatch ...

Fed cuts interest rates days after election

The Fed cut interest rates by a quarter of a percentage point.

What does the Fed's interest rate cut say about the state of the economy?

The Federal Reserve cut interest rates for the second time this year just days after the end of a presidential race in which inflation played a big role. CBS News MoneyWatch correspondent Kelly ...

Top stories - CBS News - 5 days ago

Fed chair says Trump can't remove him. Could Trump still influence interest rates?

The standoff carries high stakes for the U.S. economy, experts said.

Trump trade war ‘could push eurozone into full-blown recession’; UK and US expected to cut interest rates today – business live

Rolling coverage of the latest economic and financial news. City analysts overwhelmingly predict Bank of England interest rate cut Wall Street and bitcoin soar to record highs as Trump wins ...

World - The Guardian - 5 days ago

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.

Fed poised to look past US election uncertainty with quarter-point rate cut

Central bank expected to stay the course despite a distorted jobs report and unclear path for economic policy

Business - Financial Times - November 3

US central bank boss says Trump can't fire him

The US central bank cuts interest rates, as its chairman vows to stay on the job.

Interest rate cut expected from Fed, U.S. markets surge after Trump election win

Federal Reserve Chair Jerome Powell is expected to announce an interest rate cut of 0.25 percentage points Thursday afternoon. That news comes as U.S. markets soar following the election of Donald ...

Top stories - CBS News - 5 days ago

What the Fed rate cut means for mortgage interest rates

Another Fed rate cut is now official. Here's what that could mean for mortgage interest rates.

Top stories - CBS News - 5 days ago

What the Fed rate cut means for HELOC interest rates

The Federal Reserve issued another cut to the federal funds rate this week. Here's what it could mean for HELOC rates.

Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation

A key voter on the Federal Reserve said the surprising strength of the economy suggests the central bank should “proceed with more caution” in cutting U.S. interest rates to make sure inflation ...

Business - MarketWatch - October 14

Larry Fink says the Fed won't cut interest rates as much as markets expect this year

"I do believe we have greater embedded inflation in the world than we've ever seen," Fink said.

Business - CNBC - October 29

Minneapolis Fed president says another interest rate cut in December is "certainly possible"

Neel Kashkari, the president of the Minneapolis Federal Reserve, tells "Face the Nation with Margaret Brennan" that another interest rate cut after the December Fed meeting is "certainly possible" ...

Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live

Rolling coverage of the latest economic and financial news, as IMF warns that future debt levels could be higher than currently projected. Cooling labour market adds to Reeves’s tax-raising ...

World - The Guardian - October 15

Odds of November interest rate cut jump as UK inflation drops to 1.7% – business live

UK inflation drops below 2% target in September , weakening pound and raising chances of an interest rate cut in November. Today’s report shows that prices in the UK are rising a little slower than ...

World - The Guardian - October 16

ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – business live

Rolling coverage of the latest economic and financial news. Newsflash: Inflation across the eurozone fell by more than initially thought last month, which may cement the chances of interest rate ...

World - The Guardian - October 17

Trump is not expected to try to fire Fed Chair Powell

Federal Reserve watchers don’t think that President-elect Donald Trump will seek to remove Fed Chair Jerome Powell from his post before the central bank chief’s term ends in mid-2026.

Business - MarketWatch - 5 days ago

Wall Street reacts to Trump win as Fed weighs interest rate cut

President-elect Trump’s victory spurred a surge on Wall Street with the Dow Jones, S&P and Nasdaq reaching record highs. It comes as the Federal Reserve is weighing another interest rate cut with a ...

Here's what to expect with the Fed's next interest rate cut looming

On Thursday, the Federal Reserve will announce its latest decision on whether to cut its benchmark interest rate again. CBS News business analyst Jill Schlesinger breaks down what to know.

Top stories - CBS News - 5 days ago

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

The Federal Reserve is reducing rates in response to cooling inflation. Donald Trump’s presidential victory has pumped up uncertainty.

Business - The New York Times - 5 days ago

How the interest rate cut from the Fed could affect you

Federal Reserve Chair Jerome Powell announced an interest rate cut Thursday for the second time in the last three months as inflation continues to decline. CBS News contributor Javier E. David has ...

Fed Chair Powell says he won't resign if Trump asks him to step down

Fed Chair Jerome Powell responded with a one-word answer when asked if he'd step down if asked by President-elect Donald Trump.

Top stories - CBS News - 5 days ago

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Credit card APRs are edging lower after the Federal Reserve cut interest rates by a half point, but not by much.

Business - CNBC - November 1

Powell, Fed Chair, Will Likely Face Heavy Pressure From Trump

The chair of the Federal Reserve made clear he would not resign, even under pressure. But pressure from the White House is likely, market watchers say.

Business - The New York Times - 4 days ago

Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

Mary C. Daly, the president of the Federal Reserve Bank of San Francisco, said that the central bank shouldn’t act “out of fear.”

Business - The New York Times - October 15

Top Trump economic adviser says big Fed rate cut was justified

Kevin Hassett is contender to replace Jay Powell as US central bank chair if Republican wins election

Business - Financial Times - October 18

Latest in Fed chair Jerome Powell says US interest rate cut has nothing to do with election – business live

Watch live: Fed Chair Jerome Powell speaks after interest rate cuts

Fed cuts interest rates as Powell says he will not resign as chair

Fed Chair Jerome Powell says he won't resign if Trump tries to remove him

Fed cuts interest rates days after election

What does the Fed's interest rate cut say about the state of the economy?

Fed chair says Trump can't remove him. Could Trump still influence interest rates?

Trump trade war ‘could push eurozone into full-blown recession’; UK and US expected to cut interest rates today – business live

Fed Chair Powell: Election will have 'no effects' on policy decisions

Fed poised to look past US election uncertainty with quarter-point rate cut

US central bank boss says Trump can't fire him

Interest rate cut expected from Fed, U.S. markets surge after Trump election win

What the Fed rate cut means for mortgage interest rates

What the Fed rate cut means for HELOC interest rates

Waller skeptical of more big Fed rate cuts amid worries a strong economy could reignite inflation

Larry Fink says the Fed won't cut interest rates as much as markets expect this year

Minneapolis Fed president says another interest rate cut in December is "certainly possible"

Global public debt to hit $100tn this year, says IMF; Boeing to raise up to $25bn to shore up balance sheet – business live

Odds of November interest rate cut jump as UK inflation drops to 1.7% – business live

ECB’s Lagarde: ‘We’re breaking the neck of inflation’ after cutting interest rates – business live

Trump is not expected to try to fire Fed Chair Powell

Wall Street reacts to Trump win as Fed weighs interest rate cut

Here's what to expect with the Fed's next interest rate cut looming

Fed Cuts Interest Rates by a Quarter Point, but the Path Ahead Is Less Clear

How the interest rate cut from the Fed could affect you

Fed Chair Powell says he won't resign if Trump asks him to step down

Despite a half-point Fed rate cut, the average credit card interest rate fell by just 0.13%, report finds

Powell, Fed Chair, Will Likely Face Heavy Pressure From Trump

Would a Strong Job Market Stop Fed Rate Cuts? This Official Says No.

Top Trump economic adviser says big Fed rate cut was justified

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