Jerome Powell, Chair of the Federal Reserve Board made the announcement on Thursday, Nov. 7. With inflation cooling several weeks ago, the benchmark interest rate, known as the federal funds rate, ...

BUT PRESIDENT ELECT TRUMP SAYS HE SHOULD HAVE GREATER SAY OVER THE FED’S MONETARY POLICY. TRUMP APPOINTED POWELL TO THE POSITION IN 2017…AND AS PRESIDENT WAS OFTEN AT ODDS WITH THE CHAIR…ANGERED THE ...

The Federal Reserve cut its key rate on Thursday — one of many factors that will decide what kind of economy Americans ...

The votes aren't all counted yet, but the early jockeying for position on the Fed's future has begun. Why it matters: Fed chair Jerome Powell said bluntly Thursday he would not step down even if ...

Chair Jerome Powell said the election outcome would not have a “near ... and bond yields have jumped to multi-month highs on ...

The Fed chair dodged question after question at his news conference Thursday about his thoughts on President-elect Donald ...

The Fed cut rates by 25bp, and both the statement and press conference were in line with expectations. Chair Powell did acknowledge the distortions of the shelter component of CPI/PCE were dovish. In ...

Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.

The Fed’s future moves are now more uncertain in the aftermath of the election, given that Donald Trump’s economic proposals ...

World shares are mostly lower after the Federal Reserve cut interest rates again to ease pressure on the U.S. economy.