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Jay Powell

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Powell Confronts Internal Divisions Ahead of Critical Fed Meeting

Originally Published 3 months ago — by The New York Times

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Source: The New York Times

The Federal Reserve is expected to cut interest rates by a quarter-point, marking the first reduction since December, amid internal disagreements and market expectations of more aggressive cuts in the future, while balancing concerns over inflation and economic stability.

Fed Likely to Cut Interest Rates Amid Economic Concerns

Originally Published 4 months ago — by Financial Times

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Source: Financial Times

The Federal Reserve is expected to cut interest rates by a quarter point amid internal disagreements and political pressure, with some members advocating for larger cuts due to economic uncertainties and the impact of tariffs, while others prefer to hold rates steady. The meeting occurs against a backdrop of political attacks on Fed officials and mixed economic signals, including rising jobless claims and low unemployment.

Markets Rally as Powell Signals Dovish Shift and Rate Cuts

Originally Published 4 months ago — by Financial Times

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Source: Financial Times

The article discusses the upcoming changes in US monetary policy, with Fed Chair Jay Powell hinting at possible interest rate cuts amid economic uncertainties, and highlights the potential influence of President Trump on the Federal Reserve's future leadership and policies, which could lead to a more Trump-friendly Fed with different dynamics and market reactions.

Powell's Jackson Hole Speech Faces Expectations and Challenges

Originally Published 4 months ago — by Financial Times

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Source: Financial Times

Jay Powell's upcoming speech at Jackson Hole faces challenges from political and internal Fed pressures, including attacks from Donald Trump and the potential appointment of a rate-cutting advocate, Stephen Miran, which could lead to internal dissent and complicate monetary policy decisions amid mixed economic data and trade tensions.

Fed Resists Trump’s Pressure, Maintains Steady Rates Amid Hawkish Tone

Originally Published 5 months ago — by Financial Times

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Source: Financial Times

The Federal Reserve signaled it may hold interest rates steady through September despite President Trump's calls for a rate cut, with Fed Chair Jay Powell emphasizing a data-dependent approach amid ongoing trade uncertainties and economic slowdown concerns. Market reactions included a rally in the dollar and a sell-off in short-term Treasuries, as traders adjusted their expectations for future rate cuts.

White House urges Fed to cut rates amid budget and fiscal concerns

Originally Published 5 months ago — by Financial Times

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Source: Financial Times

The White House is urging the Federal Reserve to implement 'dramatically lower' interest rates ahead of a key policy meeting, criticizing Fed Chair Jay Powell for being too late in cutting rates and expressing concern over the Fed's headquarters refurbishment. The administration's push for lower rates comes amid ongoing trade tensions and inflation concerns, with the Fed expected to hold rates steady in the upcoming meeting, though a rate cut remains possible if inflation remains low.

Trump's Federal Reserve Visit Sparks Tensions with Powell Over Renovations and Rates

Originally Published 5 months ago — by Financial Times

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Source: Financial Times

Donald Trump publicly clashed with Federal Reserve Chair Jay Powell during a visit to the Fed's headquarters, criticizing the cost of the renovation project and accusing Powell of keeping interest rates too high, marking a rare and tense confrontation between a US president and the central bank chief.

Trump escalates Fed conflicts amid $2.5bn renovation and Powell tenure

Originally Published 5 months ago — by Financial Times

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Source: Financial Times

Donald Trump plans to visit the Federal Reserve to pressure Chair Jay Powell into cutting interest rates more aggressively, amid ongoing criticism of the Fed's $2.5 billion headquarters renovation and broader frustrations with monetary policy. The visit, which includes other administration officials, marks a rare move to scrutinize the central bank's spending and policy decisions.