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.
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
Federal Reserve Board Federal Reserve Chairman Jerome Powell speaks during a news conference following a Federal Open Market Committee meeting in Washington on November 07, 2024 in Washington, DC. Kent Nishimura | Getty Images Federal Reserve Chair Jerome Powell dodged question after question at his Thursday news conference from a press corps eager to elicit the central bank leader’s thoughts about President-elect Donald Trump. At some point, though, Fed policymakers,
