Tag - jerome-powell

 
 

JEROME POWELL

Jerome Powell, chairman of the U.S. Federal Reserve, speaks during an event in Chicago earlier this month.
BUSINESS / Economy
Apr 24, 2025
Federal Reserve at a policy and political crossroads poses global risks
A divergence between the Fed and other central banks could stress dollar funding markets and make financing more expensive for less-developed countries.
U.S. Federal Reserve Board Chairman Jerome Powell holds a news conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington last September.
BUSINESS / Economy
Apr 23, 2025
Trump says he has no intention of firing Fed chief Jerome Powell
Trump’s National Economic Council Director Kevin Hassett on Friday said the president was studying the question of whether he’s able to sack Powell.
A monitor displays stock market information on the floor of the New York Stock Exchange (NYSE) on Monday.
BUSINESS / Economy
Apr 22, 2025
U.S. assets slump again as Trump sharpens attack on Fed chief
Trump called Jerome Powell a 'loser' for not cutting interest rates, underscoring questions about whether the U.S. President will try to fire Powell.
Sen. Elizabeth Warren, a U.S. Democrat from Massachusetts, speaks on the floor of the New York Stock Exchange on Thursday. Warren says a series of rash actions by the U.S. president are seeding uncertainty across the economy.
BUSINESS / Markets
Apr 21, 2025
Wall Street ‘cops are gone’ after Trump overhaul, Democratic senator warns
The moves to purge federal regulatory agencies would leave consumers and markets vulnerable to fraud and corruption, Sen. Elizabeth Warren says.
Tariffs, and the risk they pose to both the economy and inflation, have been the focus of global attention.
BUSINESS / Economy
Apr 20, 2025
First shock waves of Trump’s tariffs are about to hit the world economy
The International Monetary Fund (IMF) is set to lower its outlook for economic growth in new projections released on Tuesday.
U.S. Federal Reserve Chair Jerome Powell speaks during a news conference, in Washington in January.
BUSINESS / Economy / FOCUS
Apr 19, 2025
Trump goes to war with the Fed
The U.S. president has threatened to take the unprecedented step of ousting the head of the fiercely independent central bank.
Jerome Powell, chairman of the U.S. Federal Reserve, during an Economic Club of Chicago event in Chicago on Wednesday
BUSINESS
Apr 18, 2025
Trump mulls firing Fed chair Powell over rate policy dispute
Trump’s threat to oust Powell draws warnings from economists and aides about risks to markets and Fed credibility.
U.S. Federal Reserve Chair Jerome Powell speaks at a news conference in Washington on Wednesday.
BUSINESS / Economy
Mar 20, 2025
Powell downplays growing risks, sees tariff impact as transitory
His use of the word "transitory” was surprising because the Fed employed the same word when inflation exploded following the onset of COVID-19.
A television station broadcasts Jerome Powell, chairman of the U.S. Federal Reserve, speaking after a Federal Open Market Committee (FOMC) meeting on the floor of the New York Stock Exchange (NYSE) on Wednesday.
BUSINESS / Markets
Dec 19, 2024
U.S. stocks tumble, dollar rallies as Fed signals fewer 2025 rate cuts
After latest interest rate cut, Fed 'significantly closer' to the point where no further cuts needed: Powell
Then-U.S. President Donald Trump looks on as Federal Reserve Chair Jerome Powell speaks at the White House in Washington on Nov. 2, 2017.
BUSINESS / Economy
Dec 9, 2024
Trump says he has no plan to remove Powell as Fed chair
Powell, whose term expires in May 2026, told reporters last month that he wouldn’t step aside early if Trump asked for his resignation.
U.S. Federal Reserve Chair Jerome Powell speaks during a news conference following a two-day meeting on interest rate policy in Washington on Thursday.
BUSINESS / Economy
Nov 8, 2024
Powell signals readiness to defy Trump in defense of Fed
Federal Reserve Chair Jerome Powell insisted the incoming president doesn’t have the power to fire him or other senior Fed leaders.
Fed Chair Jerome Powell injected uncertainty as to where future rates will ultimately land during his news conference following the Federal Open Market Committee meeting in Washington on Wednesday.
COMMENTARY / World
Sep 19, 2024
The Fed’s uncertain destination troubles the bond market
The upshot is that longer-term bond yields don’t have much room to fall in the near-term unless the economy weakens materially.
Federal Reserve Chair Jerome Powell holds a news conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington on Wednesday.
BUSINESS / Economy
Sep 19, 2024
Fed cuts rates by half-point in decisive bid to defend economy
It is the Fed’s first rate cut in more than four years.
U.S. Federal Reserve chairman Jerome Powell
BUSINESS / Economy
Aug 26, 2024
Powell’s pivot leaves traders debating size and path of rate cuts
Bond traders are now focusing in on bets over the size of the first U.S. interest rate reduction and the future path of easing.
A television station broadcasts U.S. Federal Reserve Chair Chair Jerome Powell speaking in Jackson Hole, Wyoming, on the floor of the New York Stock Exchange in New York on Friday.
BUSINESS / Economy / ANALYSIS
Aug 24, 2024
Powell's Fed not shy about election-year cuts and ready to defend job market
The Fed chief sent a strong signal that the central bank will start cutting interest rates in mid-September, roughly seven weeks before the Nov. 5 election.
U.S. Federal Reserve Chair Jerome Powell delivers remarks during a press conference following the announcement that the Federal Reserve left interest rates unchanged, in Washington on Wednesday.
BUSINESS / Markets
Jun 13, 2024
Fed leaves rates unchanged and says cuts delayed to possibly December
U.S. policymakers are content to leave rates where they are until the economy sends a clear signal that something else is needed.
U.S. Federal Reserve Chair Jerome Powell holds a news conference following a two-day meeting of the Federal Open Market Committee on interest rate policy in Washington on Wednesday.
BUSINESS / Markets
May 2, 2024
U.S. market swings reveal inflation uncertainty ahead of key data
Some may be less likely to take the Fed chair at his word this time around after a dovish pivot in December was followed by months of upside surprises.
Then-U.S. President Donald Trump announces Jerome Powell as his nominee to become chairman of the U.S. Federal Reserve in the Rose Garden of the White House in Washington in November 2017.
BUSINESS / Economy / FOCUS
Apr 29, 2024
Trump’s economic confidants battle for sway on taxes and Fed policy
For months, the Trump campaign has been trying to rein in proposals from various factions with limited success.
U.S. Federal Reserve chair Jerome Powell laughs during the Macroeconomics and Monetary Policy Conference at the Federal Reserve Bank of San Francisco in San Francisco on Friday.
BUSINESS / Economy
Mar 30, 2024
Powell reiterates Fed doesn’t need to be in hurry to cut rates
Federal Reserve Chair Jerome Powell repeated that the U.S. central bank will await more evidence that inflation is contained before cutting rates.
A worker in the factory of Optimax Systems, in Ontario, New York on Thursday.
BUSINESS / Economy
Mar 18, 2024
Markets frustrated as Fed drops no hints on post-pandemic economy
With investors having to guess how they will respond, households and businesses are finding it harder to plan.

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Visitors walk past Sou Fujimoto's Grand Ring, which has been recognized as the largest wooden structure in the world.
Can a World Expo still matter? Japan is about to find out.