US stocks broadly fell after Powell’s remarks. As the Fed looks toward continuing its rate-cutting cycle, the proposed policies of President-elect Donald Trump could eventually bring some ...
“No.” “Not permitted under the law,” Powell said during a press conference after the Fed cut interest rates by a quarter point two days after former president Donald Trump’s victory over ...
Speaking at a press conference Thursday to discuss the Fed's move today to cut its benchmark interest rate by 0.25 percentage points, Powell added that it is not permitted under the law for ...