Jerome Powell, the chair of the Federal Reserve, said on Thursday that the U.S. economy is…
Tag: Jerome Powell
Fed goes big, slashing interest rates by 50 bps
The Federal Reserve lowered its benchmark interest rate on Wednesday by 50 basis points (bps) to…
Trump suggests he’ll seek more executive influence over the Fed if elected
During a press conference on Thursday from his Florida resort home, Mar-a-Lago, former president and 2024…
Powell: ‘The best thing we can do for housing is to succeed in getting inflation down to 2%’
As expected, Federal Reserve Chairman Jerome Powell did not set a timeline for lowering interest rates…
If reelected, Trump could seek greater control over Federal Reserve
A report published late Thursday by The Wall Street Journal said that allies of former president…
Mortgage industry excitement is subsiding about expected Fed rate cuts in 2024
One of the major takeaways from Federal Reserve Chair Jerome Powell’s Wednesday news conference was that…