Powell Not Concerned About Fed’s Independence Under Trump

Fed's Powell may have just reset bets on rate cuts in 2025
Will the Federal Reserve actively cut interest rates during the year? Maybe not as much as many on Wall Street think. If you believe the CME Group's FedWatch tool, there may be at least three rate cuts in 2025 along with a cut at the Fed's meeting on Dec.
Powell: Fed’s independence from politics is vital to its interest rate decisions
Chair Jerome Powell said the Federal Reserve’s ability to set interest rates free of political interference is necessary for it to make decisions to serve “all Americans” rather than a political party or political outcome.
Powell Not Concerned About the Fed’s Independence Under Trump
Speaking at The New York Times DealBook Summit, the chair of the Federal Reserve, Jerome H. Powell, said there was strong bipartisan support on Capitol Hill for the central bank’s independence.
Powell Defends Federal Reserve Independence
As federal agencies prepare to hand the keys over to President Donald Trump's second administration, one top official isn't worried about losing his job despite Trump's threats to fire him: Federal Reserve Chair Jerome Powell.
Powell says Fed can afford to be a little more cautious
U.S. Federal Reserve Chair Jerome Powell on Wednesday said the economy is stronger now than the central bank had expected in September when it began reducing interest rates, and appeared to signal his support for a slower pace of interest-rate cuts ahead.
Powell says he's not concerned Fed might lose its independence
Federal Reserve Chair Jerome Powell said he's not concerned that the central bank would lose its independence. Powell said he thought there was strong support in Congress for the idea of an independent central bank.
Powell says he's not worried about the Fed losing its independence under Trump
Fed Chair Jerome Powell said Wednesday he isn't worried that President-elect Donald Trump will try to politicize the central bank once he takes office in January. There are safeguards in the congressional legislation that created the central bank that will help preserve it from political influences,
Powell 'not concerned' US Fed would lose independence under Trump
Federal Reserve Chair Jerome Powell said Wednesday that he was "not concerned" the US central bank would lose its independence, despite President-elect Donald Trump's suggestion that he should have input into interest rate decisions.
Fed Chair Powell Says Economy Looks Better Now Than in September
Federal Reserve Chair Jerome Powell said the economy looks better now than it did when the central bank began cutting ...
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Powell calls for ‘change’ in ‘unsustainable’ fiscal path
Federal Reserve Chair Jerome Powell warned Wednesday that the U.S. is on an “unsustainable” fiscal path and called for a ...
Powell Says He Expects Good Relations With Trump Administration
Federal Reserve Chair Jerome Powell said he’s confident he’ll have a similar relationship with the incoming administration, ...
Stock Market Today: Dow on track to finish above 45,000 after latest remarks by Powell
U.S. stocks remained higher in Wednesday's final hour of trading as investors looked past weaker-than-expected data from the ...
Fed's Powell says Trump's plans for tariffs, immigration won't impact interest rate move
Fed chief Jerome Powell said President-elect Donald Trump's tariff threats won't affect an interest rate decision this month.
Fed Chair Powell Acknowledges 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 ...
Tech rally, Powell comments boost indexes to record closing highs
All three major U.S. stock indexes scored record closing highs on Wednesday as technology shares rallied after upbeat results ...
Stock market today: Indexes rise on strong earnings as traders await Powell commentary
Stocks added to records on Wednesday as earnings impressed. Markets will be tuned into comments from Jerome Powell later in ...
Columbus undergoes massive underground project to clean up Olentangy River
The Lower Olentangy Tunnel represents a significant step in Columbus' efforts to modernize its infrastructure and protect its waterways.