Latest news with #FederalReserveChair
Zawya
16 hours ago
- Business
- Zawya
Trump considers naming next Fed chair early, WSJ reports
U.S. President Donald Trump has toyed with the idea of selecting and announcing Federal Reserve Chair Jerome Powell's replacement by September or October, the Wall Street Journal reported on Wednesday citing people familiar with the matter. (Reporting by Pretish M J in Bengaluru; Editing by Sandra Maler)
Bloomberg
18-06-2025
- Business
- Bloomberg
Asian Stocks to Fall After Fed's Inflation Warning: Markets Wrap
Asian equities were primed to open lower Thursday after Federal Reserve Chair Jerome Powell said he expects inflation to pickup meaningfully in the coming months. The Fed left rates unchanged in its Wednesday meeting and indicated it still sees two further cuts this year. Yet Powell said tariff-driven economic uncertainty and inflation risk continued to complicate the central bank's bid to ease policy. The dollar strengthened while Treasuries and US stocks were little changed Wednesday. US markets are closed Thursday for a holiday.
Bloomberg
18-06-2025
- Business
- Bloomberg
Analysis of Fed Rate Decision
Welcome to our TOPLive blog on the Federal Open Market Committee's interest-rate decision. Join us starting at 1:45 p.m. New York time, 15 minutes before the statement is released, for news, analysis and market reaction. Federal Reserve Chair Jerome Powell is scheduled to hold a news conference at 2:30 p.m.
News.com.au
15-05-2025
- Business
- News.com.au
Fed Chair Powell Discusses Direction of Policy-Setting Framework
Federal Reserve Chair Jerome Powell said the economy may be entering a period of 'more frequent' supply shocks.
Bloomberg
07-05-2025
- Business
- Bloomberg
Trump Doesn't Impact Our Job at All, Powell Says
Federal Reserve Chair Jerome Powell says he does not worry about pressure from President Donald Trump to cut interest rates. 'It doesn't affect doing our job at all. So, we are always going to do the same thing -- which is, we are going to use our tools to foster maximum employment and price stability for the benefit of the American people," Powell said to reporters in Washington. (Source: Bloomberg)
