Tag Archives: Jerome

When Federal Reserve Chair Jerome Powell on Friday opened the door to cutting interest rates for the first time in nearly a year, he noted the tremors beginning to shake a main pillar of the U.S. economy: the labor market.  Concerns about the pace of job growth were heightened earlier this month after government data showed a sharp slowdown in hiring in …

Federal Reserve Chairman Jerome Powell is seen walking in Grand Teton National Park near Jackson Hole, Wyoming, on August 22, 2025. Natalie Behring | Getty Images News | Getty Images Since inflation in America peaked at 9.1% in June 2022, the U.S. Federal Reserve has made controlling price increases — by keeping interest rates high — its main goal. One …

Moments after Federal Reserve Chair Jerome Powell’s closely watched speech at the Jackson Hole symposium on Friday, President Donald Trump dramatically escalated his ongoing assault on the central bank’s leadership by threatening to fire governor Lisa Cook if she does not resign. The extraordinary move punctuated an already tense week for the central bank, as Trump has been criticizing Cook …

Jerome Powell Suggests Fed Will Soon Cut Interest Rates in Jackson Hole Speech  The New York Times Trump moves to oust Federal Reserve Chair Jerome Powell in unprecedented move  NBC News Fed Chair Jerome Powell signals possible rate cut, sending stocks sharply higher  NPR Powell’s Signal on Possible Rate Cut Not Enough for Trump  Bloomberg Fed’s Powell says monetary policy framework back on more …

When Federal Reserve Chair Jerome Powell takes the stage Friday at the annual Jackson Hole, Wyoming, economic forum, he will face pressures ranging from President Trump’s repeated calls for his resignation to a recent mix of worrying economic data.  Powell, whose term as Fed chair ends in May of 2026, could be making his last major speech as the central …

Crypto investors are holding their breaths before Jerome Powell, chair of the Federal Reserve, speaks Friday in Jackson Hole, Wyoming. Bitcoin has dipped about 1% over the past 24 hours and almost 5% over the past week to around $112,000, according to data from Binance. Ethereum, the world’s second largest cryptocurrency, is also down 2% over the past day to …

In his last Jackson Hole address as Federal Reserve chairman Friday, Jerome Powell will address the economic outlook and the Fed’s long-term balancing act between fighting inflation and unemployment. The speech comes as the central bank is under mounting pressure from the White House to lower interest rates. Kent Nishimura/Getty Images North America hide caption toggle caption Kent Nishimura/Getty Images …

Trump Turns Up the Heat. Fed Chair Jerome Powell Tries to Keep His Cool.  The Wall Street Journal Trump may want lower interest rates for consumers, but it sure is convenient for the national debt he’s creating, too  Fortune Investors warn of ‘new era of fiscal dominance’ in global markets  Financial Times Trump again attacks Fed chair, says Powell ‘hurting’ the housing industry  Reuters …

Key Takeaways All eyes are on Federal Reserve chair Jerome Powell, whose speech at the central bank’s annual Jackson Hole Symposium could test the stock market rally that’s lifted stocks to record highs. Deutsche Bank analysts warned in a note on Tuesday that Powell’s comments “could create uncertainty about September cut prospects.” A hawkish Powell could spell trouble for the …

All eyes will turn to Federal Reserve Chairman Jerome Powell on Friday, when he is scheduled to deliver a highly anticipated speech at a central bank conference in Jackson Hole, Wyo. The annual event previously has served as an opportunity for policymakers to tease forthcoming rate moves. Last year, Powell signaled a pivot to cuts, saying “the time has come …