Opinion
Trump Is Stuck With the Fed’s Powell. Will He Make Peace?
Fortunately, there’s a clear way for him to mitigate that damage and start his term on the right foot with bond markets: He should declare his full faith in Federal Reserve Chair Jerome Powell, whose term runs until May 2026, and pledge to hold his tongue on matters of monetary policy.
Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him
In what's been an eventful week, traders are now turning their focus on the Federal Reserve. Policymakers are expected to trim interest rates by a quarter point from the current target range of 4.75%-5.0%. The Fed will issue its rate decision at 2 p.m. Eastern on Thursday, followed by Chair Jerome Powell's press conference at 2:30 p.m.
While Trump has previously said he wouldn’t fire Powell, he has said he would not nominate him again after his term ends in ...
Will President-elect Donald Trump try to fire Jerome Powell before the Fed chairman's term ends? Don't bet on it, say ...
The Federal Reserve cut interest rates Thursday after its two-day meeting. Chair Jerome Powell held a news conference ...
Federal Reserve Chairman Jerome Powell said that for now, the central bank is not taking on board in its policy-making ...
Powell went on to paint a picture of a Fed poised to pivot toward any direction necessary. “If the economy remains strong ...
Asked about whether the Federal Reserve is considering a pause in rate cuts in December, Chair Jerome Powell said officials ...
U.S. President-elect Donald Trump is likely to allow Jerome Powell to serve the remainder of his term as the Federal Reserve ...
After all, the Fed's primary tool for fighting inflation has been rate hikes. While traders feel certain the Fed will deliver a 25-basis-point cut at the conclusion of this week's meeting, the outlook ...
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