Trump's comments won't affect interest rate decisions by the Fed, Powell says

Federal Reserve Chair Jerome Powell said Wednesday President Donald Trump’s calls for lower interest rates won’t lead the central bank to change its rate decisions

Topics

Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'

A Fed interest rate cut won't be coming until at least September, if at all this year, following a troubling inflation report Wednesday.
CNBC - 48m
Trump says interest rates should be lowered to go 'hand in hand' with his tariffs

Trump again switched positions on the Fed, indicating in a social media post Wednesday that interest rates need to come down.
CNBC - 3h
Fed’s Powell Doesn’t Have Much to Say Because Inflation Isn’t Budging

Federal Reserve Chairman Jerome Powell says he isn’t rushing on rate cuts and the economy remains in solid shape.
Inc. - 6h
Fed Chair Jerome Powell Shows Little Urgency to Lower Rates

Jerome H. Powell testifies as inflation risks are resurfacing, regulatory changes are in flux and the Federal Reserve’s policy independence is in the spotlight.
The New York Times - 17h
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Federal Reserve Chair Jerome Powell on Tuesday reiterated the central bank’s commitment to bringing inflation down and signaled that policymakers aren’t in a rush to push interest rates lower.
NBC News - 1d
Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Powell called the economy "strong overall" with a "solid" labor market and inflation that is easing but still above the Fed's 2% goal.
CNBC - 1d
Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in

Mortgage rates could fall, experts say, but it depends on several factors. Here's what to know.
CBS News - 2d
Job Market Gives Fed Cover to Extend Interest Rate Pause

The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.
The New York Times - 5d
Minneapolis Fed's Kashkari expects lower interest rates later this year

In a CNBC interview, the central bank official expressed confidence that inflation will continue to drift down to the Fed's 2% target.
CNBC - 5d

Trump's comments won't affect interest rate decisions by the Fed, Powell says

Topics

Related

Hopes for more Fed rate cuts dim as Powell notes hot CPI means 'we're not quite there yet'

Trump says interest rates should be lowered to go 'hand in hand' with his tariffs

Fed’s Powell Doesn’t Have Much to Say Because Inflation Isn’t Budging

Fed Chair Jerome Powell Shows Little Urgency to Lower Rates

Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Fed Chair Powell says central bank doesn't 'need to be in a hurry' to lower interest rates further

Will mortgage interest rates fall in February without a Fed meeting? Experts weigh in

Job Market Gives Fed Cover to Extend Interest Rate Pause

Minneapolis Fed's Kashkari expects lower interest rates later this year

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