Rates may not come down as much or as quickly as had been expected, just as Trump — a self-declared “low-rate guy” — returns to the White House.
Category: Powell, Jerome H
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DealBook Summit: Building Trust in an Age of Distrust
At this year’s DealBook Summit, there was a sense that trust was becoming harder to come by and that the rules for how people judge the truth had shifted.
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What to know about the report.
Inflation has been cooling notably after peaking in 2022, but in recent months it has shown signs of stalling.
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What to Know About the Latest Inflation Report
Inflation has been cooling notably after peaking in 2022, but in recent months it has shown signs of stalling.
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Trump Says He Won’t Try to Fire Jay Powell as Fed Chair
The president-elect said he would not try to replace the Federal Reserve chair, but would seek to cut immigration, impose tariffs and more.
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Trump Says He Does Not Have Plans to Replace Jerome Powell as Fed Chair
Donald J. Trump, the president-elect, said he doesn’t “see it” when asked if he would try to oust the head of America’s central bank.
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Musk, Trump, A.I. and Other DealBook Summit Highlights
The economy, inflation, tariffs, the future of media, pardon politics and other big topics that made headlines this year.
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Fed Chair Jerome Powell Says Inflation Is a ‘Little Higher’ Than Expected
Jerome H. Powell, the chair of the Federal Reserve, said it was too early for the central bank to start reacting to the tariffs that President-elect Trump had been promising.
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What to Expect at Today’s DealBook Summit: Full Speaker Lineup
Sam Altman, Jerome Powell, Jeff Bezos, Bill Clinton, the podcaster Alex Cooper, Ken Griffin, Prince Harry, and Serena Williams are among the big names speaking.
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Fed Minutes Show Options Are Open on Interest Rate Cuts
Minutes from a Nov. 6-7 meeting showed that Federal Reserve policymakers saw the labor market stabilizing and signs of economic strength.
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The Markets Cheer Trump’s Treasury Pick, Scott Bessent
Investors seemed to signal their approval for Scott Bessent as a safe choice to implement the president-elect’s economic agenda.
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Stocks Fall as Wall Street’s Election Enthusiasm Subsides
The post-election rally has lost steam, with the S&P 500 down 2 percent for the week. But major stock indexes are still up since Election Day.