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Powell, Federal Reserve
Powell: Fed’s independence from politics is vital to its interest rate decisions
WASHINGTON (AP) — Chair Jerome Powell said Wednesday that the Federal Reserve’s ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or a specific outcome.
Powell Defends Federal Reserve Independence
As federal agencies prepare to hand the keys over to President Donald Trump's second administration, one top official isn't worried about losing his job despite Trump's threats to fire him: Federal Reserve Chair Jerome Powell.
Powell says he's not concerned Fed might lose its independence
Federal Reserve Chair Jerome Powell said he's not concerned that the central bank would lose its independence. Powell said he thought there was strong support in Congress for the idea of an independent central bank.
Powell says he's not worried about the Fed losing its independence under Trump
Fed Chair Jerome Powell said Wednesday he isn't worried that President-elect Donald Trump will try to politicize the central bank once he takes office in January. There are safeguards in the congressional legislation that created the central bank that will help preserve it from political influences,
Powell 'not concerned' US Fed would lose independence under Trump
Federal Reserve Chair Jerome Powell said Wednesday that he was "not concerned" the US central bank would lose its independence, despite President-elect Donald Trump's suggestion that he should have input into interest rate decisions.
1h
on MSN
Fed's Powell may have just reset bets on rate cuts in 2025
Will the Federal Reserve actively cut interest rates during the year? Maybe not as much as many on Wall Street think. If you ...
1h
Fed Chair Powell Says Economy Looks Better Now Than in September
Federal Reserve Chair Jerome Powell said the economy looks better now than it did when the central bank began cutting ...
8h
Jerome Powell Q&A: Markets await Fed chairman’s DealBook summit panel
Follow along with MarketWatch's live coverage of Fed Chairman Jerome Powell's discussion at the New York Times DealBook ...
6h
on MSN
Powell Says He Expects Good Relations With Trump Administration
Federal Reserve Chair Jerome Powell said he’s confident he’ll have a similar relationship with the incoming administration, ...
6h
on MSN
Fed's Powell says Trump's plans for tariffs, immigration won't impact interest rate move
Fed chief Jerome Powell said President-elect Donald Trump's tariff threats won't affect an interest rate decision this month.
7h
Stock Market Today: Dow on track to finish above 45,000 after latest remarks by Powell
U.S. stocks remained higher in Wednesday's final hour of trading as investors looked past weaker-than-expected data from the ...
5h
Powell 'not concerned' Fed could lose independence under Trump 2.0
Federal Reserve Chair Jerome Powell said Wednesday he is 'not concerned' that the central bank could lose its independence ...
6h
on MSN
Stock market today: Indexes notch fresh records as Powell voices optimism on the US economy
Markets were encouraged by Powell's comments on the economy. The Dow closed about 45,000 for first time ever, while the S&P ...
7h
on MSN
Powell says a strong US economy is letting the Fed be ‘cautious’ about cutting interest rates
Federal Reserve Chair Jerome Powell said Wednesday that the US economy’s strength means the central bank can show some restraint with cutting interest rates.
2h
on MSN
Columbus undergoes massive underground project to clean up Olentangy River
The Lower Olentangy Tunnel represents a significant step in Columbus' efforts to modernize its infrastructure and protect its waterways.
12h
on MSN
Stock market today: Indexes rise on strong earnings as traders await Powell commentary
Stocks added to records on Wednesday as earnings impressed. Markets will be tuned into comments from Jerome Powell later in ...
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