Powell: Fed won't 'speculate' about Trump's impact on economy

The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor ...

Politics - The Hill - 4 hours ago

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.

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 - 6 hours ago

Powell says he won't resign for Trump, can't be fired

Federal Reserve Chair Jerome Powell had a clear, direct response when asked during a press conference Thursday if he would step down if asked to do so by President-elect Trump. “No,” said Powell, ...

Politics - The Hill - 3 hours ago

Fed's Powell says Trump can't fire him; `Not permitted under the law'

Politics - Politico - 2 hours ago

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

Fed Chair Jay Powell said Thursday that he would not resign if president-elect Donald Trump asked him to.

Powell says he would not resign as Fed chief if Trump asked for his resignation

When asked whether he would resign if asked by Trump, the Fed chair simply said: "No."

Business - CNBC - 2 hours 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 - 1 hour ago

Powell dismisses Trump firing talk

Welcome to The Hill's Business & Economy newsletter {beacon} Business & Economy Business & Economy The Big Story Powell says he wouldn’t step down if Trump asked Federal Reserve Chair Jerome ...

Politics - The Hill - 32 minutes ago

Why Powell and Yellen May Have Pulled Off the Impossible With the Economy

Nobody thought they could tame inflation without a recession, but the Fed chair and Treasury secretary seem to have managed a macroeconomic marvel.

Business - Inc. - October 17

To defeat Trump, Harris must talk more about the economy | Robert Reich

US vice-president’s campaign has stalled because Americans continue to struggle with their bills despite economic growth. I don’t know about you, but I’m feeling more anxious about the outcome of ...

World - The Guardian - October 29

Voters concerned about economy broke hard for Trump: Survey

Many voters who listed the economy as one of the most important issues going into the election overwhelmingly supported President-elect Trump at the ballot box, according to a new survey. The AP ...

Politics - The Hill - 9 hours ago

Maxx Crosby makes comment that will invite speculation about his future

In the aftermath of the Davante Adams trade, the Raiders are faced with the question of whether they're now rebuilding.

Sports - Yahoo Sports - October 17

NHL Rumor Roundup: Speculation Continues About Brad Marchand And John Gibson

Boston Bruins captain Brad Marchand denied a report on Saturday, but what's the latest talk about his next contract? And will the Ducks' John Gibson draw trade interest?

Sports - Yahoo Sports - October 30

Jim Jordan wins reelection as speculation swirls about potential leadership moves

Rep. Jim Jordan (R-Ohio) marched to reelection in Ohio’s 4th Congressional District on Tuesday, Decision Desk HQ projects, securing a 10th term in the House as speculation swirls about a whether ...

Politics - The Hill - Yesterday

Fed Beige Book continues to point to sluggish economy

Nine out of 12 districts report flat or declining activity.

Business - MarketWatch - October 23

Jerome Powell Dismisses Idea of Trump Firing Him

Jerome H. Powell, the chairman of the central bank, has been a frequent target of the president-elect, who appointed him in 2018.

Top stories - The New York Times - 2 hours 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 - 1 hour ago

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 hours ago

10-year Treasury yield ends below 4-month high after Fed cuts rates again

Yields on long-dated U.S. government debt dropped from their highest levels since early July on Thursday, after the Federal Reserve delivered a widely expected quarter-point interest-rate cut.

Business - MarketWatch - 2 hours ago

U.S. dollar jumps as Donald Trump recaptures the White House

The U.S. currency's gains extended as former President Donald Trump defeated Vice President Kamala Harris in the U.S. presidential election.

Business - CNBC - Yesterday

Fed’s Logan says ‘strong and stable’ U.S. economy still faces ‘meaningful uncertainties’

The chief of the Dallas Federal Reserve said the economy is “strong and stable,” but the central bank needs to be watchful for a rebound in inflation as it gradually lowers U.S. interest rates.

Business - MarketWatch - October 21

New U.S. economy data before next Fed interest rate decision

The Federal Reserve will soon announce its next interest rate move as new data trickles in about the U.S. economy. CBS News MoneyWatch correspondent Kelly O'Grady reports.

What a potential Fed rate cut could mean for the economy

As the Fed wraps up its two-day meeting, there's a chance of another interest rate cut. CBS News business analyst Jill Schlesinger joins "CBS Mornings Plus" to talk about the potential impact on ...

Harris and Trump command the market’s attention — but Jerome Powell may steal the spotlight

Investors are anxious about the possibility that it could take days, or even weeks, for the results of this week’s presidential and congressional races to be known. But Tuesday’s vote is hardly the ...

Business - MarketWatch - 4 days ago

What Trump’s Win Means for the Federal Reserve and Jerome Powell

Donald J. Trump spent his first presidency on a collision course with America’s central bank. Will it intensify?

Business - The New York Times - 6 hours ago

The economy grew 2.8% last quarter. Here's how that impacts you

The government released its latest GDP number, which is a measure of the change in the economy's size. The report shows it grew at an annual rate of 2.8% in the third quarter of the year. CBS News ...

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

Trump Media shares surge as Trump wins presidential election

Shares of former President Donald Trump's media company jumped as he won the contentious presidential election.

Business - CNBC - Yesterday

Housing, Tariffs and Debt: Four Experts Debate How to Fix the American Economy

One set of writers on the left and another on the right lay out competing visions for what the next president should do.

Top stories - The New York Times - October 23

Vance says there won't be 'civil unrest' if Trump wins

Trump’s victory means fewer Fed rate cuts

“Trump is a president who likes to spend, he was a real-estate developer who loves to borrow. I don’t think he’s shaken either of those ideals,” notes one analyst.

Business - MarketWatch - Yesterday

Trump Is Inheriting Booming Markets and a Decisive Fed

Stocks and bitcoin are smashing records while the labor market deteriorates, U.S. debt balloons, and housing affordability worsens.

Business - Inc. - 8 hours ago

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.

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

Latest in Powell: Fed won't 'speculate' about Trump's impact on economy