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Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks
It was the first meeting of the
FOMC
since former President Donald Trump’s election victory. Policymakers have said repeatedly that the Fed is apolitical and that their calls on interest rates are driven by economic conditions.
Fed cuts interest rates but sorry, it probably won't lower mortgage rates
The Federal Reserve’s Open Market Committee (FOMC) did the expected, cutting the federal funds rate by 0.25%. That means the rate paid by banks will fluct
Fed Cuts Rates; Powell Says Wouldn’t Resign If Asked by Trump
Federal Reserve Chair Jerome Powell said he would not resign from his role if asked to do so by a re-elected Donald Trump, following the Fed’s decision Thursday to lower interest rates by a quarter percentage point.
Fed’s Powell says he will not quit even if asked by Trump
Federal Reserve Chair Jerome Powell said on Thursday he would refuse to leave office early if incoming President Donald Trump tried to oust him, adding he cannot be legally removed anyway.
Federal Reserve Chair Jerome Powell reveals whether he will resign if Donald Trump asks
Federal Reserve Chair Jerome Powell said that his staff discovered that the President lacked legal power to demote him or any other Fed governors at will.
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 correspondent Kelly O'Grady has the details.
23h
FOMC Notches Another Unanimous Interest-Rate Decision
The Federal Open Market Committee unanimously voted to lower interest rates by a quarter of a percentage point on Thursday.
1d
FOMC Preview: 25 Bps Cut To Add Fuel To The Wall Street Rally?
The FOMC meeting today has taken a somewhat back seat to the US election this week. Of course, that was to be expected, but ...
Hosted on MSN
18h
FOMC Cuts Rates by 25bps: What's Next for Markets? Insights from Devang Shah and Shweta Rajani
FOMC cuts rates by 25 bps—what’s next for the markets? Insights from Devang Shah, Head of Fixed Income at Axis Mutual Fund, and Shweta Rajani, Head of Mutual Funds at Anand Rathi Wealth#themoneyshow # ...
Cryptopolitan on MSN
1d
What to expect ahead of today’s Federal Open Market Committee (FOMC) meeting
Many economists speculate about what will happen during the November 6 and 7 Federal Open Market Committee (FOMC) meeting.
22h
Live Updates Now: Powell Says He Won't Step Down If Trump Asks
The Federal Reserve Open Markets Committee concluded its two-day meeting today and cut its influential benchmark rate. Follow along for live updates.
23h
on MSN
Markets exhale as volatility eases with election and FOMC rate decision now in the rearview
Discover popular ETFs and ETNs to gain exposure to market volatility trends post-election and Fed rate decision.
Kiplinger on MSN
22h
Fed Cuts Rates Again: What the Experts Are Saying
The Federal Open Market Committee (
FOMC
) wrapped up its regularly scheduled two-day policy meeting on Thursday by cutting ...
American Banker
1d
Federal Open Market Committee press conference: Live coverage
The Federal Reserve's Federal Open Market Committee will announce its interest rate decision at 2pm, followed by a press ...
13h
US Fed Meeting Live Updates: Wall Street ticks higher ahead of Powell-led FOMC verdict, US yields drop
Jerome Powell-led FOMC last reduced the policy rate by 50 bps for the first time in four years in September after leaving it ...
1d
on MSN
Fed set to announce latest interest rate move in wake of Trump's election win
Policymakers on the Federal Open Market Committee (
FOMC
) are expected to announce a 25 basis point cut, lowering the ...
10h
on MSN
BTC price sets fresh all-time high near $77K amid 'long squeeze' fears
Data from Cointelegraph Markets Pro and TradingView showed modest BTC price gains mostly holding after the daily close. These ...
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Fed
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