Fed's Powell - QuikReader

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 - Yesterday

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 - Yesterday

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 - 21 hours 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.

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 - 7 hours ago

Powell and the Fed won't be able to avoid talking about Trump forever

The Fed chair dodged question after question at his news conference Thursday about his thoughts on President-elect Donald Trump.

Business - CNBC - 1 hour ago

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

Politics - Politico - 23 hours 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 - Yesterday

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 - 23 hours ago

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 - 23 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.

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 ...

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 - 21 hours ago

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 - 22 hours ago

Jonathan Powell picked as UK national security adviser

Former chief of staff under Tony Blair will have key role in developing British relationship with Donald Trump

Business - Financial Times - 2 hours ago

Starmer picks Blair aide Powell as security adviser

Jonathan Powell will replace Sir Tim Barrow, who has held the role since September 2022.

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 - 22 hours ago

Jane Street interns make more than Keir Starmer and Jay Powell

More Money Than God 2.0

Business - Financial Times - October 15

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

National Latino group endorses Florida's Debbie Mucarsel-Powell for Senate

Democratic Florida Senate nominee Debbie Mucarsel-Powell has been endorsed by the country’s oldest Latino civil rights organization, a group that until 2024 had refused to endorse candidates. ...

Politics - The Hill - October 24

Jeff Bezos, Jay Powell, Serena Williams and More Will Speak at the DealBook Summit

The conference on Dec. 4 will bring together the biggest names in business, politics and culture.

Business - The New York Times - October 29

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 - 5 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 - Yesterday

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 - 23 hours ago

NY Fed: ‘Reserves remain abundant’

Cute new measure of the reserve regime just dropped

World - Financial Times - October 21

Philadelphia Fed’s factory gauge jumps in October

Index rises to 10.3, second straight monthly gain

Business - MarketWatch - October 17

Feds charge fan with arson for flares in Orlando

A man has been charged with "arson of a building that led to personal injuries" after releasing two flares into the stands at an Orlando City match at Inter&Co stadium in Orlando, Florida, federal ...

Sports - ESPN - October 18

Fed Leaders Favor Rate Cuts, But Differ on Pace

Four policymakers agree the central bank should make further rate cuts, though some support a slower, smaller set of reductions.

Business - Inc. - October 22

Fed should beware of wishing on an R-star

US central bank risks reviving inflation if it keeps lowering the federal funds rate in pursuit of a nirvana state

World - Financial Times - October 23

Fed Beige Book continues to point to sluggish economy

Nine out of 12 districts report flat or declining activity.

Business - MarketWatch - October 23

Inflation Cooled Further in September, PCE Index Shows

Overall inflation slowed in September from a year earlier, though some signs of stubbornness lingered under the surface.

Business - The New York Times - October 31

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 - 2 days ago

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. - Yesterday

If the Fed Is Cutting Rates, Why Are Mortgage Rates Rising?

The latest rise, to 6.79% for a 30-year mortgage, reflects bond market concern about President-elect Trump’s agenda. It extends an uptick in mortgage rates despite expected Federal Reserve rate cuts.