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Fed chair Powell says he will not resign if Trump asks

Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks

The 25 basis-point cut comes after Fed officials lowered rates by an aggressive 50 basis points at their previous meeting in September. In the weeks since the September meeting, a number of policymakers have emphasized that cuts of half a percentage point ...

NBC 6 South Florida · 1d

Fed meeting recap: Powell ‘feeling good' about economy, says Trump can't legally fire him

The Federal Reserve trimmed interest rates by a quarter point, bringing the target rate range to 4.5% to 4.75%. Fed Chair Jerome Powell said he was "feeling good" about the economy. He also said he would not step down from his post if President-elect Donald Trump asked him to do so.

Fortune on MSN · 1d

Trump’s first big fight is shaping up: Powell’s refusal to resign from the Fed

Fed Chairman Jerome Powell's curt but clear response on whether he would step down from his job under pressure could set up President-elect Donald Trump's first major showdown over his sweeping plans on the economy.

Fed meeting live updates: Fed expected to cut interest rates by a quarter point

The Federal Reserve is widely expected to trim interest rates by a quarter point at the conclusion of its two-day November ...

Hosted on MSN5d

First Fed Meeting After Election: Expect a Rate Cut, but What's in Store for 2025?

The Federal Open Market Committee is meeting Nov. 6 to 7 and again in December. After making a larger, half-percent cut in ...

CBS News2d

The Federal Reserve made a rate cut decision today. Here's the impact on your money.

The Fed is expected to continue cutting rates at its next several meetings, which could snowball into bigger savings for borrowers. "Once a few more cuts happen over the next few months ...

Investopedia on MSN5d

Why The Federal Reserve is Likely to Cut Interest Rates This Week

The Fed is widely expected to cut its key interest rate by a quarter percentage point on Thursday, at the conclusion of the ...

CNET on MSN5d

How to Watch the Fed Meeting, and Why It Was Moved This Month

Fed Chair Powell is set to address the country on Thursday this week, a change up from the typical Wednesday meeting.

AOL6d

September Fed meeting preview: How big will the Fed’s first interest rate cut be?

There will be a lot for the Fed to consider at its September meeting. If policymakers push for aggressive rate cuts, they ...

3don MSN

The Fed is expected to cut interest rates again Thursday. Here's everything you need to know

Markets are pricing in a near-certainty that the FOMC will lower its benchmark rate by a quarter percentage point.

Federal Reserve Cuts Rates: What It Means for Savings Accounts, Investments and Loans

Find out how the Federal Reserve’s decision will impact all aspects of borrowing and spending ...

After Fed meeting, federal-funds futures still point to December rate cut

Traders in the federal-funds futures market were still largely anticipating on Thursday that the Federal Reserve will lower its benchmark interest rate by a quarter of a percentage point next month, ...

AOL3d

When’s the next Federal Reserve meeting? What to expect — and how it affects your finances

It marks the second time the Fed’s lowered rates this year in its continued focus on getting the inflation rate closer to an average 2%. December's meeting is expected to bring with it another ...

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