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Jerome Powell

Trump's Second Term

What a second Trump term would mean for the central bank

by Nancy Marshall-Genzer
Nov 8, 2024
On Thursday, Fed Chair Jerome Powell wouldn’t rule out an interest rate hike next year, though that's not the plan at this point.
At Thursday's press conference, Federal Reserve Chair Jerome Powell wouldn’t rule out an interest rate hike next year.
Kent Nishimura/Getty Images
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Mountain hikes, cowboy hats: Why the Fed's Jackson Hole event is the hottest ticket in econ

by Nancy Marshall-Genzer
Aug 19, 2024
An invitation-only chance to get up close and personal with Chair Jerome Powell.
From left to right, President of the European Central Bank Christine Lagarde, Bank of Japan Gov. Kazuo Ueda, and chair of the Federal Reserve Jerome Powell (all sans cowboy hat) during the Jackson Hole Economic Symposium 2023.
Natalie Behring/Getty Images
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Why does the Federal Reserve maintain its independence?

by Elizabeth Trovall
Aug 9, 2024
The insulation of the Central Bank from political headwinds helps the U.S. economy run.
Mandel Ngan/AFP via Getty Images
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As the Fed holds interest rates steady, Powell says "it's a difficult balancing act"

by Nancy Marshall-Genzer
Aug 1, 2024
But some former central bank officials think the Fed's risking a recession.
"That time [for a rate cut] could be in September, if the data support that," Fed Chair Jerome Powell said on Wednesday.
Andrew Harnik/Getty Images
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Breaking down Fed Chair Jay Powell's latest GDP report analysis

by Mitchell Hartman
Jun 27, 2024
Powell is paying close attention to "final sales," a narrower measure than GDP itself that focuses on private sector demand.
Fed Chair Jerome Powell is taking aim at final sales following the latest GDP report.
Kevin Dietsch/Getty Images
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Think of the US Fed Chair as the economy’s "Iron Throne"

by Stacey Vanek Smith
Mar 22, 2024
Don’t let the tranquil tone and technical language fool you — the stakes at the Federal Reserve are higher than anything in Westeros.
Over two years, Jerome Powell raised interest rates 11 times, a move intended to bring down inflation, but that also hit the housing market like a thousand angry dragons.
Rodin Eckenroth/Getty Images
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When will the Fed cut rates? Senators are likely to put Jay Powell on the spot when he testifies

by Nancy Marshall-Genzer
Mar 7, 2024
He says there's likely to be a rate cut this year, but he won't say when.
Above, Federal Reserve Bank Chairman Jerome Powell testifies before the House Financial Services Committee on Wednesday.
Chip Somodevilla/Getty Images
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If the Federal Reserve had a word of the year, what would it be?

by Matt Levin
Dec 13, 2023
We asked economists to give us a word of the year for 2023 that summed up the zeitgeist for monetary policy.
Economist Skanda Amarnath at Employ America says "fortunate" is the word he'd use to describe the Fed's 2023.
Alex Wong/Getty Images
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What does Jerome Powell mean when he calls the economy "resilient?"

by Mitchell Hartman
Nov 2, 2023
Could be good, could be bad.
Federal Reserve Chair Jerome Powell called the current economy resilient. Whether it actually is depends on how you define resilience.
Kevin Dietsch/Getty Images
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Fed chair Powell's latest speech hints at caution regarding interest rates

by Nancy Marshall-Genzer
Oct 20, 2023
Jerome Powell spoke Oct. 19 and said the Federal Open Market Committee would be "proceeding carefully."
“Given the uncertainties and risks, and given how far we’ve come, the committee is proceeding carefully," Powell said.
Spencer Platt/Getty Images
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