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Fed, Trump and Powell
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
The Federal Reserve trimmed interest rates by a quarter point, bringing the target rate range to 4.5% to 4.75%. Fed Chair Jerome Powell said he was "feeling good" about the economy. He also said he would not step down from his post if President-elect Donald Trump asked him to do so.
Powell: Fed won’t ‘speculate’ about Trump’s impact on economy
The Federal Reserve cut interest rates by 0.25 percentage points on Thursday, the second consecutive cut since a two-year rate hike run to curb post-pandemic inflation, as the economy and labor
Fed's Powell says Trump can't fire him
The incoming president's reaction to the central bank could serve as an early indicator of how extensively he plans to reshape traditional government bureaucracy.
3d
on MSN
After likely quarter-point rate cut, Fed may slow pace of drops if inflation lingers
The Fed is set to lower interest rates a quarter point Thursday. But it's more likely to slow, rather than speed up, 2025 ...
Hosted on MSN
17h
Despite Fed cut, mortgage rates went up in eventful week
The Federal Reserve has cut short-term interest rates by 25 basis points. Nevertheless, mortgage rates went up again.
8d
Fed seen looking through this report, cutting at next meeting
Count Ali Jaffery, senior economist at CIBC, among the folks playing down today's report. "The October data point is one the ...
8d
Weak Jobs Report Signals Fed Will Cut Rates Next Week
Last month, we were impressed with a very strong jobs report for September that called into question whether or not the labor ...
Newsweek on MSN
2d
Wall Street Climbs on Earnings and Fed Rate Cut Expectations
U.S. stocks were mixed on Thursday as investors waited for the Federal Reserve's decision on interest rates, due later in the ...
1d
Internal report describes a 'cesspool of racism' in the federal public service
An internal report on workplace racism and harassment at the highest levels of the federal public service shows that not even ...
2d
on MSN
Federal military draft agency reposts message suggesting US is becoming 1936 Nazi Germany: report
The federal agency responsible for registering Americans for a military draft if the need arises reposted a message ...
12d
on MSN
The Fed could pause rate cuts at its meeting next week if the October jobs report is hot, Wharton professor Jeremy Siegel says
The Fed could pause rate cuts if the October jobs report is hot, Siegel said. The September report crushed estimates, with ...
2d
Fed Cut Interest Rates, So Why Do Mortgage Rates Keep Climbing?
Though the Federal Reserve has been cutting interest rates, mortgage rates have been increasing or holding steady. When will ...
CNET
2d
The Fed Cut Rates Today. Make These 4 Money Moves Now
As expected, the Federal Reserve cut interest rates a quarter-percent today. That may not sound like much, but it can have a ...
NBC New York
3d
Traders see good chance the Fed cuts again in December then skips in January
This was slightly higher from 67% before the release of the
Fed
's November decision on Thursday afternoon. — CNBC's Jeff ...
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