Economy News Fed Chair Powell Says The Us Economy Is In ‘solid Shape’ With Gradual Rate Cuts Coming

Jerome Powell's Stanford speech misses comments on US economy, monetary policy as Trump prepares to name new Fed chief

Powell was addressing an event at the Hoover Institution at the Stanford University. Read More

Who will be the next Fed chair?

Kevin Hassett appears to be Trump pick ... Read More

The US in brief: Donald Trump says he has picked next Fed chair

Donald Trump said he had decided who to nominate to succeed Jerome Powell as chair of the Federal Reserve, though he declined to name his pick. Kevin Hassett, a senior economic adviser to Mr Trump, ... Read More

Is the Economy Getting Better or Worse? The Fed Says It's Hard to Tell

This transcript was prepared by a transcription service. This version may not be in its final form and may be updated. Ryan Knutson: Yesterday, the Federal Reserve announced that it was cutting ... Read More

White House Economic Advisor Says Markets Expect New Fed Chair

White House economic advisor Kevin Hassett, who is on the short list of candidates to be President Trump's next Fed Chair, told Fox & Friends Weekend on Sunday any one of the five people on the final ... Read More

Fed cuts key rate, but Powell says future reductions are not locked in

WASHINGTON (AP) — The Federal Reserve cut its key interest rate Wednesday for a second time this year as it seeks to shore up economic growth and hiring, even as inflation stays elevated. But Fed ... Read More

Trump calls Fed Chair Powell a ‘nincompoop’ as he renews pressure for rate cuts

Speaking at Mar-a-Lago about the U.S. economy on Wednesday, President Donald Trump called Federal Reserve Chairman Jerome Powell a "nincompoop" and said the person who recommended him is someone he’ll ... Read More

Fed Cuts Rates; Powell Says Future Cuts ‘Far From’ Certain

The Fed lowered rates by 25 basis points to 3.75%-4.00% at its October meeting. Many, or all, of the products featured on this page are from our advertising partners who compensate us when you take ... Read More

Fed Chair Powell Says December Interest Rate Cut Is ‘Far From’ Guaranteed

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ... Read More

Treasury Secretary Scott Bessent says there’s ‘very good chance’ Trump names new Fed chair by Christmas

There is “a very good chance” that President Trump names a replacement for Fed Chair Jerome Powell by Christmas, Treasury Secretary Scott Bessent said Tuesday. Bessent, who has been leading search ... Read More

Federal Reserve cuts key rate yet Powell says future reductions are not locked in

Federal Reserve Chairman Jerome Powell speaks at a news conference after the Federal Open Market Committee meeting on Wednesday at the Federal Reserve Board Building in Washington. WASHINGTON — The ... Read More