Search For "jerome powell"
Donald Trump names Kevin Warsh as next chair of US Federal Reserve
Updated : 1 month, 1 week ago IST
In a post on his Truth Social platform, Trump said, "I am pleased to announce that I am nominating Kevin Warsh to be the CHAIRMAN OF THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM." "I have known Kevin for a long period of time, and have no doubt that he will go down as one of the G
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US Fed keeps interest rates unchanged at 3.5-3.75% amid low job gains and
Updated : 1 month, 2 weeks ago IST
The US Federal Reserve, in its latest policy meeting held on January 27-28, decided to keep its key benchmark interest rates unchanged at 3.5 to 3.75 per cent, citing low job gains, signs of stabilisation in the labour market, and inflation that remains somewhat elevated.
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US Fed cuts rates by 25 bps as unemployment edges up and outlook remains u
Updated : 3 months ago IST
The US Federal Reserve reduced the federal funds rate by 25 basis points (0.25 percentage point), citing rising downside risks to employment and a moderate pace of economic expansion.
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US Fed meet: Powell-led FOMC trims key rate by 25 bps, taking it to lowest
Updated : 3 months ago IST
The US Federal Reserve cut its key interest rate to 3.5-3.75 per cent, its lowest level in over three years, CBS News reported. Officials signalled only one rate cut next year amid slowing job growth and persistent inflation, while divisions emerged within the committee over the latest de
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Federal Reserve cuts interest rates amid uncertainty about economic outloo
Updated : 4 months, 2 weeks ago IST
The Federal Reserve has decided to lower the target range for the federal funds rate by one-fourth of a percentage point to 3.75-4 per cent, marking a shift in its monetary policy stance amid signs of a moderating economy. The decision, according to a Federal Reserve press release on Wednesd
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Trump confirms top picks to replace Fed Chair Powell, includes Hassett, Wa
Updated : 5 months, 1 week ago IST
US President Donald Trump has confirmed his leading choices to replace the current US Federal Reserve Chair Jerome Powell, naming three of his close aides as top picks for the position, The Hill reported.
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Trump nominates his Economic Advisors' Chair to Federal Reserve Board
Updated : 7 months, 1 week ago IST
According to a post on Truth Social, the US President stated that Miran would be serving until January 31, 2026, following his appointment if approved by the US Senate and in the meantime, his administration will keep searching for a permanent replacement.
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Trump slams another WSJ report, denies being warned against firing Fed chi
Updated : 7 months, 1 week ago IST
In a post on Truth Social, Trump called the story "typically untruthful" and said no one had to explain to him what impact firing Powell would have on financial markets.
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US Fed keeps benchmark interest rate unchanged
Updated : 8 months, 4 weeks ago IST
The US Federal Reserve on Wednesday decided to keep benchmark interest rate unchanged at a range of 4.25 to 4.5 percent, amid ongoing trade policy shifts and growing pressure from President Donald Trump, The Hill reported.
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Future rate cuts may delay, US Fed chair signals cautious approach
Updated : 1 year, 3 months ago IST
The Federal Reserve Chair, Jerome Powell, indicated that the anticipated rate cuts may be delayed, as the US economy continues to show signs of strength.
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US Fed cuts rate by 25 basis points, continuing its monetary policy loosen
Updated : 1 year, 4 months ago IST
The latest decision by the Federal Open Market Committee (FOMC) lowers the federal funds rate target to a range of 4.5 per cent to 4.75 per cent.
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Sensex, Nifty decline over a per cent each, Investors await Fed's decision
Updated : 1 year, 4 months ago IST
Indian indices declined by over a per cent each on Thursday, as investors await US Federal Reserve Chair Jerome Powell's remarks on the future direction of the rate trajectory.
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