November 17, 20240 Comments

Stocks fall after Jerome Powell says Fed in no hurry to cut rates

Breadcrumb Trail Links Investor S&P 500 headed for its worst week in more than two months Author of the article: Bloomberg News Margaryta Kirakosian and Allegra Catelli Published Nov 15, 2024  •  Last updated 1 day ago  •  2 minute read You can save this article by registering for free here. Or sign-in if you have an account. Federal Reserve Chair Jerome Powell speaks to the Dallas Regional Chamber on Thursday.

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November 9, 20240 Comments

Federal Reserve chair Jerome Powell says Donald Trump can’t fire him

Getty Images The head of the US central bank has hit back at speculation that his post might be in jeopardy as Donald Trump prepares to assume power in Washington. Federal Reserve chairman Jerome Powell said he would not step down if Trump asked and that it is “not permitted under law” for the White House to force him out. Mr Powell was responding to questions from reporters at a

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