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Fed leaves rates unchanged; Trump criticizes Powell
The Federal Open Market Committee left the federal funds rate unchanged at a range of 4.25% to 4.5% following its two-day meeting. The committee closed out 2024 with three successive rate cuts — quarter-point cuts in December and November, and a half-point reduction in September — before implementing a pause in January.
President Trump has increasingly pointed to rate cuts by other central banks as he pressures Jerome H. Powell, the Fed chair, ...
President Donald J. Trump has once again escalated his confrontation with the Federal Reserve, sharply criticizing its ...
President Trump nominated Jerome H. Powell as the next chair of the Federal Reserve on Thursday. If confirmed by the Senate, Powell would begin serving as chair in February, replacing Janet L.
Stagflation poses a particular challenge for policymakers because it puts their two primary goals — maximum employment and stable prices — in tension. Ordinarily, the Fed raises interest rates to ...
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Who Is Jerome Powell?Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was ...
President Donald Trump on Thursday lambasted Federal Reserve Board Chair Jerome H. Powell — saying his “termination cannot come fast enough” — after Powell said the administration’s ...
WASHINGTON — Federal Reserve Chair Jerome H. Powell defended the central bank’s response to the COVID-19 pandemic Sunday in a Princeton University speech in which he also praised government ...
Board of Governors of the Federal Reserve System. "Jerome H. Powell Sworn In for Second Term as Chair of the Board of Governors of the Federal Reserve System." Investopedia. "Senate Confirms ...
The policymaker discussed the Fed’s decision to hold rates steady and its latest summary of economic projections.
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