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Trump is reportedly considering Treasury Secretary Scott Bessent among top contenders to replace Fed Chair Jerome Powell, who ...
President Trump has increasingly pointed to rate cuts by other central banks as he pressures Jerome H. Powell, the Fed chair, ...
President Trump nominated Jerome H. Powell as the next chair of the Federal Reserve on Thursday. If confirmed by the Senate, Powell would begin serving as chair in February, replacing Janet L.
Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was ...
The central bank signals little urgency to cut interest rates despite demands from President Trump for lower borrowing costs.
President Donald Trump on Thursday lambasted Federal Reserve Board Chair Jerome H. Powell — saying his “termination cannot come fast enough” — after Powell said the administration’s ...
WASHINGTON — Federal Reserve Chair Jerome H. Powell suggested Wednesday that inflation, which has been surging as the recovery strengthens, “will likely remain elevated in coming months ...
Jerome Powell was sworn in to his second term as Fed chair on May 23, 2022. This term runs until May 15, 2026. His term as a member of the Fed's Board of Governors (FRB) runs until Jan. 31, 2028.
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Lutnick opposed Powell’s decision to hold rates, saying he was “obviously afraid of his own shadow”Secretary of Commerce Lutnick opposed the Fed’s decision to hold rates at 4.25%-4.5%, saying that Fed Chair Powell was ...
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