Economy News Fed Chair Powell The Us Economy May Be More Resistant To Interest Rates

Trump says he’d ‘love to fire’ Powell, renewing attacks on Fed chair

Trump also seemed to pressure Treasury Secretary Scott Bessent to somehow convince Powell to lower interest rates further — or be fired himself. Read More

Fed Vice Chair Says Economic Trade-Offs Justify Lowering Rates Slowly

Philip Jefferson offered a case study in the central bank’s predicament Monday, acknowledging the risk of stubborn inflation and weaker employment conditions—dueling threats that call for opposing ... Read More

The Fed’s Recent Rate Decisions Have Been Divisive. It Is Likely to Get Worse.

The last three policy votes have featured some form of dissent, as officials grapple with how to weigh a softening labor market and resurgent inflation. Read More

Fed minutes expected to detail a policy divide that may be deepening

The minutes of the bank's October 28-29 meeting could provide more insight into the depth of the divide that has emerged among policymakers navigating an official data blackout, conflicting signals ... Read More

Fed minutes: Most officials supported more rate cuts but not necessarily in December

A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, ... Read More

December Rate Cut in Doubt as Fed Fault Lines Deepen, Minutes Show

The central bank’s decision to lower interest rates last month was more divisive than it first appeared as officials splintered over how to weigh a weakening labor market against rising inflation. Read More

Jerome Powell’s era of consensus at the Fed is over

Federal Reserve policymakers are split over whether they should continue cutting interest rates, ending the long stretch of consensus that has defined Chair Jerome Powell’s leadership of the central ... Read More

Sharp disagreements over economy threaten Federal Reserve interest rate cut

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn ... Read More

Takeaways: Fed Chair Powell says don’t count on a December rate cut

The Federal Reserve on Wednesday lowered interest rates for the second time this year in a continued bid to prevent unemployment from surging. But another rate cut at the next meeting in December “is ... Read More