Jerome Powell Archives

January 15, 2026 3:29 PM

Trump says he has no plan to fire Fed’s Powell despite investigation

U.S. President Donald Trump said on Wednesday he has no plans to fire Jerome Powell despite a Justice Department criminal investigation into the Federal Reserve chair, but it was "too early" to say what he would ultimately do. "I don't have any plan...

September 18, 2025 9:01 AM

Miran’s Fed dissent makes a splash, fails to sway the outcome

If President Donald Trump hoped that putting a close ally at the Federal Reserve would grab headlines, White House economic adviser Stephen Miran's dissent and way-below consensus interest rate projection on Wednesday delivered. If the hope was to h...

September 18, 2025 8:53 AM

US Federal Reserve lowers interest rates, signals more cuts ahead

The Federal Reserve, goaded by the risk of rising unemployment, reduced interest rates on Wednesday for the first time since December and indicated more cuts would follow to halt any slide in a labor market already experiencing higher joblessness amo...

July 17, 2025 12:19 PM

Trump says he’s not planning to fire Fed’s Powell

U.S. President Donald Trump said Wednesday he is not planning to fire Federal Reserve Chair Jerome Powell, but he kept the door open to the possibility and renewed his criticism of the central bank chief for not lowering interest rates. A Bloomberg ...

June 19, 2025 10:26 AM

Fed keeps key rates steady; cites ‘meaningful’ inflation, cautious path ahead

The U.S. central bank held interest rates steady on Wednesday and policymakers signaled borrowing costs are still likely to fall in 2025, but Federal Reserve Chair Jerome Powell cautioned against putting too much weight on that view, and said he expe...

January 30, 2025 11:15 AM

US Fed leaves rates unchanged, sees no hurry to cut again

The U.S. central bank held interest rates steady on Wednesday and Federal Reserve Chair Jerome Powell said there would be no rush to cut them again until inflation and jobs data made it appropriate. The decision and Powell's comments put Fed pol...

December 19, 2024 11:46 AM

Fed lowers rates but sees fewer cuts next year due to stubbornly high inflation

The U.S. central bank cut interest rates on Wednesday, as expected, but Federal Reserve Chair Jerome Powell said more reductions in borrowing costs now hinge on further progress in lowering stubbornly high inflation, remarks that showed policymakers ...

November 8, 2024 10:19 AM

US Fed cuts interest rates by 25 points; Powell signals cautious path forward

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday as its policymakers began taking stock of what could become a more complex economic landscape when President-elect Donald Trump takes office next year. Fed Chair J...

September 18, 2024 1:27 PM

With Fed’s rate cut at hand, debate swirls over how big a move

The Federal Reserve on Wednesday almost certainly will lower interest rates for the first time in more than four years as the U.S. central bank starts to reverse the restrictive conditions it imposed to beat back inflation, but whether policymakers o...

August 1, 2024 11:31 AM

Nifty hits all-time high, surpassing 25,000

India's benchmark index Nifty 50 opened at a record high on Thursday, crossing the 25,000 milestone for the first time. The Nifty gained 92.15 points to 25,030.95, while the Sensex added 208.34 points, or 0.25 percent, to 81,949.68. Maruti Suzuki, J...