fed interest rates powell

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Jerome Powell, Fed and interest rates

Fed holds interest rates steady, Chair Powell says Fed independence 'very important'

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to the central bank, calling for a rate cut. Speaking at a press conference in Washington, D.C., on Wednesday, Fed Chair Jerome Powell advocated for the independence of the Federal Reserve.

Forbes on MSN · 5d

Fed Decides Against Interest Rate Cut—But Powell Faces First Double Dissent In Decades

Bank of America indicated in a note that Powell would be in “no hurry” to cut rates in June, though disagreements among Fed staff “may start a trend of more frequent dissents” and a “more divided Fed may raise risks of a less consensus and more contentious institution.”

CBS News on MSN · 6d

Trump urgently wants Jerome Powell to cut interest rates. That won't happen today, economists say.

President Trump has pressured Fed Chair Jerome Powell to lower interest rates. Here's what the experts think will happen at today's monetary policy meeting.

Trump Says Scott Bessent Won’t Be Fed Chair Pick

Fox Business on MSN · 1h

Trump confirms Scott Bessent won't replace Powell as Fed chair amid rising tensions with central bank

Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role as Jerome Powell succession process begins.

Washington Examiner on MSN · 29m

Trump says he won’t select Scott Bessent as next Fed chairman: ‘He wants to stay’

The president's comments ended speculation that the treasury secretary would be in the running to succeed Jerome Powell, whose term ends in May 2026.

USA TODAY on MSN · 58m

Trump considers four finalists for new Fed chair, rules out Scott Bessent

President Trump said he has four finalists in mind to replace Fed Chair Jerome Powell while ruling out Treasury Secretary Bessent as a possibility.

14mon MSN

Markets now betting Fed will cut rates in September after disappointing jobs report

The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...

Powell Cites Inflation Risk as Fed Holds Interest Rates Steady

Federal Reserve Chair Jerome Powell said interest rates are in the right place to manage continued uncertainty around tariffs ...

Why Wall Street’s Top Banks Don’t Think the Fed Will Cut Rates at All This Year

“Our house view continues to be that the Fed won’t cut this year, but will end up cutting more than expected next year,” Morgan Stanley strategists said. Incidentally, both banks are now at odds with ...

Labor department’s data upset may have sealed the deal for a Fed interest rate cut

Until Friday, analysts had little confidence that the U.S. Federal Reserve was about to deliver an interest rate cut, but ...

Mortgage Interest Rates Today: Mortgage Rates Dip Slightly Even as Fed Holds Steady on Cuts

The average rate on 30-year fixed home loans registered 6.72% for the week ending July 31, down slightly from 6.74% last week ...

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