Jerome H. Powell stressed in his first meeting since the president returned to the White House that policy decisions would be “based solely on careful, objective and nonpolitical analysis.”
Category: Powell, Jerome H
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Fed ‘Well Positioned’ to Wait on Rate Cuts Even as Economic Risks Rise, Minutes Show
Officials at the Federal Reserve have adopted a wait-and-see approach to policy moves amid extreme uncertainty about the economic outlook.
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Jerome Powell, a Potential Winner from the Trade Reprieve
The markets have come around to the Federal Reserve chairman’s cautious approach to lowering interest rates. President Trump could be a tougher convert.
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The Fed Could Be on Hold Until September, Economists Say
Economists have shifted back their forecasts for lower borrowing costs as President Trump’s tariffs raised the risk of higher inflation and slower growth.
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Countdown to Scott Bessent’s Trade Talks With China
Treasury Secretary Scott Bessent will finally start negotiating with Chinese counterparts. But business leaders shouldn’t expect any sudden breakthroughs.
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What to Watch at the Federal Reserve’s May Meeting
The U.S. central bank is widely expected to stick to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher inflation and slower growth.
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Solid Jobs Report Reinforces Fed’s Patient Approach to Interest Rate Cuts
The central bank is bracing for President Trump’s tariffs to dent growth while stoking inflation, keeping interest rate cuts at bay for now.
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Has Trump’s Tariff Fight Passed Its Peak?
Many investors and business leaders increasingly believe President Trump will dial back his trade battles. Not everyone is willing to commit to that bet.
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On Major Economic Decisions, Trump Blinks, and Then Blinks Again
President Trump has said his punishing tariffs would force companies to build factories in the United States. But it is far from clear that they will have the effects he predicted.
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How Trump’s Fed Fight May Undermine His Trade Negotiations
A flight from U.S. assets, including the dollar, could worsen if the president continues his attacks on the Federal Reserve, analysts warn.
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Trump Says Fed Chair’s ‘Termination Cannot Come Fast Enough’
The president said that Jerome Powell has been too hesitant to cut interest rates, and “he should certainly lower them now.”
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Powell Faces Pressure From the Markets and Trump Over Rates
The Fed chair signaled the central bank will stand pat on borrowing costs despite President Trump’s trade fight. Investors and the president aren’t happy.