Fed Chair Jerome Powell resists Trump's rate cut demand
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The director of the Federal Housing Finance Agency (FHFA) took to social media Monday to tell Federal Reserve Chair Jerome Powell that it’s time to resume the central bank’s interest rate cuts.
'Not cutting rates no matter what the president says.' Fed signals it is unmoved by Trump's pressure
President Trump has pressed the Federal Reserve for weeks over its refusal to lower interest rates. But Chair Jerome Powell is making it clear that politics will not move the central bank toward cutting rates before the economic conditions are right.
Fed Doesn’t Cut Interest Rates Again—Despite Trump’s Demands—As It Warns Of Higher Unemployment Risk
The Fed is in a “good place to wait and see” before moving on interest rates, Powell said Wednesday. “We don't think we need to be in a hurry. We think we can
Don't expect interest rates ... Jerome Powell told a Senate Committee Tuesday that with a strong job market and with inflation still elevated, he and his colleagues "do not need to be in a hurry ...
Federal Reserve Chair Jerome ... interest rate cuts until it is clear what policies might be pursued, which might be implemented, and how they might influence an economy Powell described as ...
Federal Reserve Chair Jerome Powell provided the strongest signal yet Friday that the central bank plans to begin cutting historically high interest rates in September. He gave no clues on how ...