Rates Powell - QuikReader

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 - 8 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 - 12 hours 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 - 7 hours ago

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 - 13 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 - 9 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 - 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 - 12 hours ago

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 - 11 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 - 10 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.

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

Politics - Politico - 9 hours ago

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.

Business - The New York Times - 13 hours ago

Harden, Powell help Clippers overcome Jokic's 41 points to beat Nuggets 109-104

James Harden had 23 points and 16 assists, Norman Powell scored 26 of his 37 points in the second half and the Los Angeles Clippers overcame Nikola Jokic’s 41 points to beat the Denver Nuggets ...

Sports - ABC News - October 26

Rick Scott leading Mucarsel-Powell by 3 points in Florida reelection bid: Poll

Incumbent Sen. Rick Scott (R-Fla.) is leading former Rep. Debbie Mucarsel-Powell (D-Fla.) by about 3 points in his race to keep his seat, a recent new St. Pete Polls survey found. In the survey for ...

Politics - The Hill - October 28

NBA Fantasy Basketball: Adds and drops from Norman Powell's stunning performance to fliers and more

These are the players worth adding to your rosters now

Sports - CBS Sports - October 30

Powell scores 23, Clippers rally from 26-point deficit to beat Spurs 113-104

Norman Powell scored 23 points, Amir Coffey added 21 and the Los Angeles Clippers rallied from an early 26-point deficit to defeat the San Antonio Spurs 113-104 Monday night for their first win at ...

Sports - ABC News - 3 days 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 - 9 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 - 9 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.

Powell sends one crystal clear message to Trump: Firing me is ‘not permitted under the law’

When questioned if he would leave his post if asked by Trump, he answered simply, “No.”

Business - MarketWatch - 9 hours ago

Where interest rates are heading

The neutral ‘R-star’ level will be higher but the more notable change will be a steepening of the bond yield curve

World - Financial Times - October 14

ECB lowers rates to 3.25% as inflation slows

Christine Lagarde says Eurozone’s central bankers are close to ‘breaking the neck’ of soaring price pressures

Business - Financial Times - October 17

Why the Federal Reserve Rate Cut Isn’t Lowering Your Loan Rates

Fed rate cuts and lending rates do not always experience like-to-like movement. Here’s a quick look at rates, and what to expect moving forward.

Business - Inc. - October 30

What will happen to mortgage rates after this week's Fed rate cut?

The Federal Reserve is set to issue another rate cut this week. Here's what could then happen to mortgage rates.

What's a good HELOC interest rate now that rates are falling again?

HELOC interest rates are on the decline. Here's what a good rate looks like now that rates are falling again.

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.

American interest rates need to rise

Lessons for the US from the Brazilian canary in the coal mine

World - Financial Times - October 15

Bank of Canada resorts to jumbo rate cut as growth falters

Slowdown prompts shift to 50bp reduction, with rate-setters saying borrowing costs are likely to fall further

World - Financial Times - October 23

Will mortgage interest rates fall this November?

Mortgage rates are poised to fluctuate in November, but in what direction? Here's what to know now.

Will HELOC interest rates fall in November?

HELOC interest rates have been falling this fall, but will they continue to do so in November? Here's what to know.

Interest rate cut hopes raised as wage growth slows

Expectations of a rate cut next month increase as pay growth slows to its lowest rate for more than two years.

Mortgage rates surge, putting a damper on home buying and refinancing

Mortgage applications fell 17% in the past week, the Mortgage Bankers Association said.

Business - MarketWatch - October 16

Money Market Rates Are Lower, Yes. But Compared to What?

Even with further Fed rate cuts likely, money market funds are a good alternative for stashing cash, and investors are still flocking to them, our columnist says.

Business - The New York Times - October 18

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