According Fed's Jerome

Trump’s economic team: Who could run Treasury, the Fed and energy in his second term

Even before Donald Trump was called the winner of Tuesday’s election, names had been circulating about who the Republican nominee would appoint to key posts in his second term. Now that he’s won, ...

Business - MarketWatch - 3 days ago

The Fed is expected to cut interest rates again Thursday. Here's everything you need to know

Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point.

Business - CNBC - 3 days ago

The Fed is draining liquidity from markets for longer than expected. Here’s why it’s making Wall Street nervous.

Wall Street is getting anxious about the plumbing in the financial markets as the Fed’s balance sheet shrinks.

Business - MarketWatch - 2 days ago

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 ...

Why credit card debt forgiveness is worth it even with more Fed rate cuts

Another interest rate cut was just issued. Here's why you should still pursue credit card debt forgiveness anyway.

The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper

With interest rates declining, borrowing costs for credit cards, personal loans, and auto financing should get a bit cheaper, saving a few bucks on most loans.

Business - CNBC - 2 days ago

Here's why Eli Lilly bounced back, plus mega-caps lag while staples stocks rise

Every weekday, the Investing Club releases the Homestretch; an actionable afternoon update just in time for the last hour of trading.

Business - CNBC - Yesterday

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 days 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.

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

With a Republican sweep of the presidency and Congress, mortgage rates could stay well above 6% for the rest of 2024.

Business - CNBC - 2 days ago

Latest in According Fed's Jerome

Trump’s economic team: Who could run Treasury, the Fed and energy in his second term

The Fed is expected to cut interest rates again Thursday. Here's everything you need to know

The Fed is draining liquidity from markets for longer than expected. Here’s why it’s making Wall Street nervous.

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

Why credit card debt forgiveness is worth it even with more Fed rate cuts

The Fed just cut interest rates by another 25 basis points—here’s what will get cheaper

Here's why Eli Lilly bounced back, plus mega-caps lag while staples stocks rise

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

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

Mortgage rates are likely to stay high after Trump's election win—despite Fed rate cuts

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