Jerome Powell
- U.S. News
Charting the Biden economy: Despite all the growth and jobs, a deeply unpopular president
US President Joe Biden delivers his farewell address to the nation from the Oval Office of the White House in…
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Fed officials are worried about the inflation impacts from Trump’s policies, minutes show
Federal Reserve officials at their December meeting expressed concern about inflation and the impact that President-elect Donald Trump‘s policies could…
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CNBC Daily Open: Inflation and dot plots
A person shops at a Whole Foods Market grocery store on December 17, 2024 in New York City. Spencer Platt…
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How the Federal Reserve’s rate policy affects mortgages
The Federal Reserve lowered its interest rate target three times in 2024. This has many Americans waiting for mortgage rates…
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The Fed’s rate outlook has rattled markets. Here’s what it means for global central banks
U.S. Federal Reserve Chair Jerome Powell speaks during a press conference where he announced the Fed had cut interest rates…
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CNBC Daily Open: Thwarted expectations of more Fed cuts hammered markets
Traders work at the New York Stock Exchange on Dec. 17, 2024. NYSE This report is from today’s CNBC Daily…
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CNBC Daily Open: Expectations on Fed cuts were the lethal blow to markets
Traders work on the New York Stock Exchange (NYSE) floor in New York City. Spencer Platt | Getty Images This…
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10-year Treasury yield leaps to 4.5% as Fed signals caution on future rate cuts
U.S. Treasury yields jumped on Wednesday after the Federal Reserve announced its latest interest rate cut, but signaled fewer could…
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The Fed has a big interest rate decision coming Wednesday. Here’s what to expect
Federal Reserve Chair Jerome Powell speaks during a news conference following the Nov. 6-7, 2024, Federal Open Market Committee meeting…
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Federal Reserve is likely to cut interest rates next week. Here’s what that means for you
The Federal Reserve is expected to lower interest rates by another quarter point at the end of its two-day meeting on Dec. 18. That…
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