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Powell says Fed can wait to reduce interest rates

Fed's Collins says rate cuts later this year are possible

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Bank of Boston President Susan Collins said on Wednesday she's leaning toward the central bank cutting rates later this year amid an uncertain outlook.

Associated Press News on MSN · 17h

Powell says Fed rate cut is on hold even as Trump demands cuts

The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell says, a stance directly at odds with President Donald Trump’s calls for immediate cuts.

The New York Times · 20h

Powell Reiterates Fed’s Wait-and-See Approach Before Cutting Rates

The Fed chair told lawmakers that the central bank could afford to be patient amid uncertainty about how President Trump’s policies would affect the economy, even as divisions between officials emerged.

Fed, Donald Trump

Reuters on MSN · 20m

Trump says he is considering three or four candidates for next Fed chair

President Donald Trump called Federal Reserve Chair Jerome Powell "terrible" and said he knows three or four people who are contenders for the next chair of the Federal Reserve.

TheStreet · 47m

Trump teases Fed Chair shake-up, says final pick down to 3 or 4

President Donald Trump said that he knew three or four individuals among whom he will pick the next Federal Reserve chair. Referring to the current Fed Chair Jerome Powell, Trump said, "He is an average mentally person. I'd say low IQ for what he does."

Wall Street Journal · 7h

Trump Eyeing Candidates to Replace Powell As Fed Chair

President Trump said on Wednesday he is reviewing candidates to replace Federal Reserve Chair Jerome Powell once his term ends as the two men clash over monetary policy. “I know within three or four people who all I’m going to pick,

1hon MSN

Fed's Powell cautions against ending Fed power to pay interest on reserves

By Michael S. Derby NEW YORK (Reuters) -Federal Reserve Chairman Jerome Powell said Wednesday that the central bank's power ...

1don MSN

Fed officials are starting to break rank and join Trump

Some Federal Reserve officials are joining President Donald Trump in calling for lower interest rates as soon as July.

11h

NY Fed’s Williams Says Monetary Policy Is Still Well Placed

New York Fed President John Williams said the central bank’s interest-rate stance is “entirely appropriate” as uncertainty ...

3hon MSN

Fed's Powell heads to Senate panel for second day of testimony

U.S. Federal Reserve Chair Jerome Powell resumes two days of Congressional testimony on Wednesday when he appears before the ...

4hon MSN

Not sure why the markets are leaning into a Fed rate cut so much, says BMO's Carol Schleif

Carol Schleif, BMO private wealth chief market strategist, joins 'Squawk Box' to discuss the latest market trends, state of ...

‘Buckle Up’—Bitcoin Price Suddenly Soars As Crypto Braces For A Huge Fed Flip

“Buckle up,” one crypto trader posted to X alongside a hopeful prediction that “trillions” will flow in to crypto once the ...

5hon MSN

Fed kicks off effort to ease bank leverage rules

The Federal Reserve meets on Wednesday to advance a proposal that would ease leverage rules for banks, which would grant the ...

3hon MSN

Rep. French Hill: Price stability should be the sole mandate of the Fed

House Financial Services Committee Chairman Rep. French Hill (R-Ark.) joins 'Squawk Box' to discuss takeaways from Fed Chair ...

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Powell says Fed can wait to reduce interest rates

Fed, Donald Trump

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