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Federal Reserve cuts interest rates
Federal Reserve cuts its key interest rate by a quarter-point amid post-election uncertainty
The Federal Reserve cut its key interest rate by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped drive Donald Trump’s presidential election victory this week.
Federal Reserve cuts interest rates, days after election of Trump
The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday, setting the latest path for borrowing costs just two days after the victory of President-Elect Donald Trump.
Federal Reserve is set to cut interest rates again as post-election uncertainty grows
The Fed’s future moves are now more uncertain in the aftermath of the election, given that Donald Trump’s economic proposals have been widely flagged as potentially inflationary.
5h
Federal Reserve Chair Jerome Powell says won't resign if pressured by Trump after interest rate cuts
Federal
Reserve
Board Chairman Jerome Powell (L) and President-elect Donald Trump (R). AP US
Federal
Reserve
Chair ...
4h
Trump wants to fire the chair of the US Federal Reserve. That could be bad news for inflation
Dismissing Jerome Powell would be a serious breach of long-standing norms of central bank independence. That doesn’t mean we ...
1d
on MSN
The Federal Reserve as we know it could soon be turned on its head
That’s because, as one former Federal Reserve chair famously said, central bankers’ job is to remove the punchbowl right when ...
Business Insider on MSN
14h
The Federal Reserve gives Americans another interest-rate cut
It follows data showing inflation is nearing the
Federal
Reserve
's 2% target — the consumer price index, a commonly ...
New York Sun
11h
Federal Reserve Chairman Jerome Powell Says He Won’t Cut Term Short — Even If Trump Asks Him To Resign
The question of whether Mr. Powell might be on the chopping block should Trump serve a second term has been the subject of ...
Business Times
9h
Federal Reserve’s Powell says he will not quit even if asked by Trump
FEDERAL Reserve Chair Jerome Powell said on Thursday he would refuse to leave office early if incoming President Donald Trump ...
5h
Federal Reserve chairman Jerome Powell defies Trump on day one
The Federal Reserve sets US interest rates and manages monetary policy, and its chair, Jerome Powell, has declared he won't ...
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