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Jerome Powell

Bussiness

This week in Bidenomics: Early exit

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Is Donald Trump already president? Financial markets seem to think so. At the Federal Reserve’s final interest rate-setting meeting of...
Bussiness

Powell’s Battle-Ready Fed Gives the Trump Trade a Stress Test

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(Bloomberg) — A month ago, all anyone in markets could talk about was Donald Trump and how his blueprint for...
Bussiness

Exclusive-Fed’s Barr seeks legal advice amid speculation Trump might remove him, sources say

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By Pete Schroeder WASHINGTON (Reuters) -Federal Reserve Vice Chair for Supervision Michael Barr has sought legal advice to explore his...
Bussiness

Federal Reserve’s preferred inflation gauge shows price pressures eased last month

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WASHINGTON (AP) — An inflation gauge that is closely watched by the Federal Reserve barely rose last month in a...
Bussiness

The Fed is sounding more hawkish. Those voices may get louder in 2025.

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The Federal Reserve is sounding more hawkish in the face of stubborn inflation, and those voices could get even louder...
Bussiness

Stock Market Today: Asian shares track Wall Street’s selloff after Fed hints at 2 rate cuts in 2025

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BANGKOK (AP) — Shares skidded Thursday in Asia after U.S. stocks tumbled to one of their worst days of the...
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Stock Market Today: Asian shares track Wall Street’s selloff after Fed hints at 2 rate cuts in 2025

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BANGKOK (AP) — Shares skidded Thursday in Asia after U.S. stocks tumbled to one of their worst days of the...
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Stocks slide as US central bank signals slower pace of rate cuts

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The Fed announcement comes a day before the Bank of England is due to make its...
Sports

South Korean won hits weakest since March 2009 on hawkish Fed

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By Jihoon Lee and Yena Park SEOUL (Reuters) - The South Korean won dropped to its weakest level in 15...
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South Korean won hits weakest since March 2009 on hawkish Fed

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By Jihoon Lee and Yena Park SEOUL (Reuters) - The South Korean won dropped to its weakest level in 15...
Bussiness

Trump, not yet in office, already a figure in global economic policy

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By Dan Burns and Howard Schneider WASHINGTON (Reuters) - The world's economic reckoning with the incoming administration of U.S. President-elect...
Sports

Fed can’t hold bitcoin, not seeking to change that, Powell says

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By Michael S. DerbyNEW YORK (Reuters) - Federal Reserve Chair Jerome Powell said on Wednesday that the U.S. central bank has no desire to...
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