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Fed chair Powell says he will not resign if Trump asks

Powell and the Fed won't be able to avoid talking about Trump forever

Fed Chair Jerome Powell dodged question after question at his Thursday news conference from a press corps eager to elicit the central bank leader's thoughts about President-elect Donald Trump. Trump took a dim view of the Powell Fed during his first term ...

CNN on MSN · 9h

Fed Chief says Trump can’t fire him

In a news conference, Fed Chair Jerome Powell strongly pushed back on whether he could legally be fired by President Trump. A senior adviser to Trump tells CNN he is likely to let Powell serve out the remainder of his term.

MSNBC · 10h

'No': Fed chair Powell says he will not resign if Trump asks

Federal Reserve Chairman Jerome Powell was asked if he would resign if President-elect Trump were to ask and he said "no." NBC News senior business correspondent Christine Romans and University of Michigan Professor of Economics and Public Policy Justin Wolfers join Ana Cabrera to provide more insight on the economy.

Fed Cuts Rates

Forbes · 9h

The Fed Cut Interest Rates In November, And More Rate Cuts Are Coming

The Federal Reserve cut interest rates by 0.25% on November 7. More interest rate cuts are likely through the end of 2026.

The New York Times · 1d

Fed Cuts Rates Again

The Federal Reserve cut interest rates by a quarter point, the second reduction this year. A combination of strong data and Donald Trump’s return to the White House muddles the outlook on what comes next.

Wall Street Journal · 20h

Fed Cuts Rates Again, This Time by a Quarter Point

Officials face new questions over what might lead to a slower pace of rate cuts after Trump’s election ignited market ebullience and sent long-term rates higher.

USA TODAY on MSN11h

Fed lowers key interest rate by quarter point as inflation eases but pace of cuts may slow

After a September half-point cut, the reduction would bring the benchmark federal funds rate down three-quarters of a point ...

11h

Fed Meeting Today: FOMC Cuts Rates Again; Powell Says He Will Refuse to Resign if Trump Asks

The Federal Reserve cut interest rates by a quarter of a percentage point on Thursday in a move that preserves flexibility as ...

Business Insider on MSN12h

Fed cuts rates again, but Trump's tariff plan sparks inflation fears and market uncertainty

Daily short, intense workouts can be your best bet to fight disease and improve longevity. In today's big story, the Fed ...

Markets Insider on MSN10h

Trump is poised to make the Fed's job a lot harder

Trump's plans for tariffs could stoke inflation and make the Fed's interest-rate decisions more complicated.

USA TODAY on MSN14h

S&P 500 and Nasdaq extend rally after Fed cuts rates and hints at more ahead. Dow ends flat

The Dow ends flat but S&P 500 and Nasdaq add to their steep post-election gains after the Fed trims rates and hints at more ...

13h

What Investors Are Expecting for the Fed's Next Interest Rate Move

After the Federal Reserve's interest-rate cut of a quarter percentage point Thursday, markets are already looking ahead to ...

13h

Powell’s not leaving. Trump could still make his life hell.

Powell’s preemptive strike against any attempt that Trump or his allies might make to undermine the Fed’s leadership set a marker in what could become a massive fight over the central bank’s future.

1don MSN

Wall Street hits all-time highs, Fed decision on tap

Wall Street's main stock indexes hit record highs in the run-up to an interest-rate decision from the Federal Reserve on ...

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Fed chair Powell says he will not resign if Trump asks

Fed Cuts Rates

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