Updated: Thursday| Published: Wednesday
The Federal Reserve, led by Jerome Powell, implemented its third consecutive 0.25 percentage-point interest rate cut, reducing the target range to 3.50%-3.75%, a three-year low.Powell cited a need to balance employment and inflation amidst clouded economic data, while Donald Trump deemed the cut "too small" and advocated for a larger 0.50 percentage-point reduction.Trump expects aggressive future cuts from the next Fed chair, considering candidates like Kevin Hassett and Kevin Warsh, despite the Federal Open Market Committee's collective decision-making and current projections indicating limited future easing.
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DonaldTrump

Donald Trump is accelerating his search for a new Federal Reserve chair and has publicly narrowed his finalists to Kevin Hassett and Kevin Warsh as he moves toward an early 2026 appointment, provoking market swings and...

Fri/11h
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JeromePowell

The Federal Reserve, led by Jerome Powell, implemented its third consecutive 0.25 percentage-point interest rate cut, reducing the target range to 3.50%-3.75%, a three-year low. Powell cited a need to balance employment...

Wed/Thu
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