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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.
Powell says he would not resign as Fed chief if Trump asked for his resignation
Federal Reserve Chair Jerome Powell fields questions from reporters after the Central Bank announced its second consecutive interest rate cut on Thursday.
Fed Chair Jerome Powell Says He Won’t Resign, Says It's 'Not Permitted Under The Law' For Trump...
Federal Reserve Chairman Jerome Powell stated he would not resign if President-elect Donald Trump requested his resignation, saying it's not permitted by the law. He asserted that the president lacks the authority to fire or demote him.
1d
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
22h
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.
1d
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.
1d
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
1d
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 ...
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 ...
1d
on MSN
Bitcoin preps FOMC reaction as BTC price coils below new $76.5K record
Bitcoin’s ( BTC) price action reached new record highs of $76,480 on Bitstamp before a modest pullback, data from ...
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