Fed Holds Rates Steady
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Fed, Trump and Kevin Warsh
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2hon MSN
Powell era ends with rates on hold, Fed hawks on the rise and a vow to keep governor's seat warm
By Howard Schneider and Ann Saphir WASHINGTON, April 29 (Reuters) - Federal Reserve Chair Jerome Powell closed out eight years as head of the U.S. central bank on Wednesday with interest rates on hold,
US Fed FOMC Meeting, US Fed Rate Cut, Interest Rate Cut Decision Today Live Updates: The Federal Reserve is expected to keep rates unchanged at 3.50%–3.75% at its April meeting. It may be Jerome Powell’s final appearance as chair,
Federal Reserve Chair Jerome Powell is no stranger to tough decisions, but now he faces one of his toughest and most personal calls yet: Leave the stage or stick around in a supporting role once his replacement takes the helm of the US central bank.
Fed Chair Jerome Powell's iconic purple tie has become a quiet symbol of the central bank's effort to remain independent and above partisan politics.
By Howard Schneider WASHINGTON, April 29 (Reuters) - On a chilly spring day in 2017, Jerome Powell made a six-hour round trip by car through heavy mountain fog from Washington to West Virginia University for an evening talk with students about Federal Reserve history and the political balance of its structure,
Kevin Warsh, President Donald Trump’s pick to lead the Federal Reserve, is now firmly on track to assume one of the most powerful positions in the global economy — and could advance an agenda that aligns with Trump’s desire for lower rates.
President Trump's Fed chair nominee didn't hold back while testifying in front of the Senate Banking Committee.
Sen. Kevin Cramer (R-ND) joined CNBC’s Squawk Box on Tuesday morning and urged Fed Chairman Jerome Powell to leave the Fed altogether once his term as chair ends.