Powell, Jerome H – Page 21

Trump Promises Lower Interest Rates, but the President Doesn’t Control Those

The Federal Reserve sets interest rates, and it operates independently of the White House. But rates could come down as inflation cools.

By Jeanna Smialek

Federal Reserve System Inflation (Economics) Interest Rates internal-storyline-no Powell, Jerome H Trump, Donald J US Dollar (Currency) Vance, J D

The Fed Under Trump 2.0

Donald Trump says he will not fire Jay Powell as chairman of the central bank if he is re-elected president, after threatening to do so. But whether the president even has the authority is open to question.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler

Banking and Financial Institutions Federal Reserve System Inflation (Economics) Interest Rates Powell, Jerome H United States Economy

Fed’s Powell Welcomes Cooler Inflation but Steers Clear of Rate Cut Timing

Jerome H. Powell, the chair of the Federal Reserve, avoided signaling when the Fed would cut rates at a time when some economists are wondering why officials would wait.

By Jeanna Smialek

Consumer Price Index Federal Reserve System Inflation (Economics) Interest Rates internal-storyline-no Labor and Jobs Powell, Jerome H

Market Bulls Cheer a Dovish Jay Powell

The S&P 500 winning streak rolled on after the Fed chair made encouraging comments about inflation and the state of the labor market.

By Andrew Ross Sorkin Ravi Mattu Bernhard Warner Sarah Kessler