Fed Chair Jerome Powell to give Jackson Hole speech
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WISH-TV on MSNFed Chair Powell faces fresh challenges to Fed independence amid potential rate cuts
Now that Federal Reserve Chair Jerome Powell has signaled that the central bank could soon cut its key interest rate, he faces a new challenge: how to do it without seeming to cave to the White House’s demands.
United States Federal Reserve Chair Jerome Powell on Friday (Aug 22) pointed to a possible rate cut at the central bank's September meeting but stopped short of committing to cutting interest rates in
Federal Reserve Bank of Chicago President Austan Goolsbee said while some recent inflation readings have come in better than expected, he hopes one “dangerous” data point is just a blip.
The Federal Reserve has begun “technical research” on financial technology, including tokenization and AI in payments, said Christopher Waller, a board member and reportedly a candidate for the chairman role.
Federal Reserve Chair Jerome Powell on Friday announced an updated operating framework more oriented toward traditional efforts of promoting price stability, supplanting what had been a troubled effort that biased central bank policy toward its job mandate over its inflation target.
Fed Chair Jerome Powell is under intense pressure from U.S. President Donald Trump to cut interest rates. Economics professor Justin Wolfers talks to Becky Anderson about Powell’s future, and his potential successors.
Eric Trump, the Securities and Exchange Commission’s new, crypto-friendly chair Paul Atkins and two Fed governors on Donald Trump’s shortlist to replace Powell are all set to attend the Wyoming Blockchain Symposium at the Four Seasons hotel in Jackson Hole.
Chair Jerome Powell in remarks on Friday is expected to unveil the Fed’s new policy framework — the strategy it’ll use to achieve its inflation and employment goals. Powell may also drop some hints about the Fed’s thinking ahead of its September policy meeting.