Jerome Powell

Trump to set interest rates himself under secret presidential plan

Business
Jessica Roberts

Donald Trump ‘could let inflation rip’ if he wins the US election, economists fear – Jeena Moon/POOL Bloomberg Donald Trump’s aides have ...

How Jay Powell and the Fed pivoted back to higher for longer

Business
Jessica Roberts

For months, Federal Reserve Chair Jay Powell offered assurances about rate cuts in 2024, arguing that hotter-than-expected inflation reports were all part ...

Treasuries Hit as Hawkish Fed Views Keep Piling Up: Markets Wrap

Business
Jessica Roberts

(Bloomberg) — The world’s biggest bond market extended this month’s selloff after solid economic readings and hawkish Fedspeak reinforced speculation that interest ...

Jay Powell really wants Americans to know he is not thinking about politics

Politics
Amanda Smith

Jay Powell really wants Americans to know that the Federal Reserve is not taking into account the presidential election or politics this ...

Tech leads market bounce as Powell soothes rate-cut nerves

Business
Jessica Roberts

Tech stocks led the markets higher on Thursday as investors hunting for interest-rate clues shifted focus to the coming US jobs report. ...

Stocks bounce after rough start to second quarter

Business
Jessica Roberts

US stocks were higher on Wednesday morning as investors looked to a coming speech by Federal Reserve Chair Jerome Powell for clues ...

US futures drift lower as faith in rate cuts fades

Business
Jessica Roberts

US stock futures pointed to more losses on Wednesday, as investors looked to a coming speech by Federal Reserve Chair Jerome Powell ...

The market sees a less-than-50% chance of a June rate cut after hot factory data

Business
Jessica Roberts

Federal Reserve Board Chairman Jerome Powell speaks during a news conference after a Federal Open Market Committee meeting on November 01, 2023 ...

New inflation reading ‘along the lines of what we want to see’: Fed’s Powell

Business
Jessica Roberts

Federal Reserve Chair Jerome Powell said that a new inflation report released Friday is “along the lines of what we want to ...

Federal Reserve expected to cut rates, lift Biden’s prospects

Politics
Amanda Smith

By Jarrett Renshaw and Howard Schneider WASHINGTON (Reuters) – The U.S. Federal Reserve looks on track to cut interest rates as the ...