Jerome Powell
Powell indicates conditions ‘may warrant’ interest rate cuts as Fed proceeds ‘carefully’
Federal Reserve Chair Jerome Powell on Friday gave a tepid indication of possible interest rate cuts ahead as he noted a high level of uncertainty that is making the job difficult for monetary policymakers. In his much-anticipated speech at the Fed’s annual conclave in Jackson Hole, Wyoming, the central bank leader in prepared remarks cited […]
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Trump says he’ll fire Fed Governor Lisa Cook ‘if she doesn’t resign’
Lisa Cook, governor of the US Federal Reserve, speaks at the Peterson Institute For International Economics in Washington, DC, US, on Thursday, Oct. 6, 2022. Ting Shen | Bloomberg | Getty Images President Donald Trump said Friday he will fire Federal Reserve Governor Lisa Cook if she does not resign from her position. “What she […]
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Watch Fed Chair Powell’s full policy speech at Jackson Hole
Federal Reserve Chair Jerome Powell delivered his annual address Friday morning at the central bank’s annual symposium in Jackson Hole, Wyoming. He indicated that conditions ‘may warrant’ interest rate cuts as the Fed proceeds ‘carefully.’ Markets have been looking to Powell to provide strong hints about a September interest rate cut. For their part, the […]
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Stock futures are little changed ahead of Powell’s Jackson Hole speech: Live updates
Traders work on the floor at the New York Stock Exchange (NYSE) in New York City, U.S., August 21, 2025. Brendan McDermid | Reuters U.S. stock futures were little changed early Friday ahead of Federal Reserve Chair Jerome Powell’s speech at Jackson Hole on Friday. Investors will be seeking clues on the path forward for […]
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CNBC Daily Open: In Trump’s era, Jackson Hole’s no longer just for market watchers
Jerome Powell, chairman of the U.S. Federal Reserve arrives for a dinner during the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, U.S., on Aug. 21, 2025. David Paul Morris | Bloomberg | Getty Images Jerome Powell, chair of the U.S. Federal Reserve, will be giving his keynote address at the […]
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Asia-Pacific markets trade mixed as investors look ahead to U.S. Fed chair Powell’s speech
SHANGHAI, CHINA – AUGUST 14, 2025 – Tourists are visiting the Bund in Shanghai, China on August 14, 2025. Cfoto | Future Publishing | Getty Images Asia-Pacific markets traded mixed Friday as investors await U.S. Federal Reserve Chair Jerome Powell’s speech at the central bank’s annual economic symposium, which could offer clues into the path […]
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CNBC Daily Open: Jackson Hole takes on new significance amid Trump’s pressure on the Fed
Jeffrey Schmid, president and chief executive officer of the Federal Reserve Bank of Kansas City, right, during an interview at the Kansas City Federal Reserve’s Jackson Hole Economic Policy Symposium in Moran, Wyoming, U.S., on Wednesday, Aug. 20, 2025. David Paul | Bloomberg | Getty Images Jerome Powell, chair of the U.S. Federal Reserve, will […]
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Fed Chair Powell set to deliver big Jackson Hole speech Friday. Here’s what Wall Street expects
Key Points Fed Chair Jerome Powell is set to deliver what almost certainly will be his last keynote address at the central bank’s annual conclave during one of the most tumultuous times in its history. Amid several controversies, Powell could use the speech to at least take a sideswipe at the political distractions even if […]
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Trump official signals DOJ will investigate Fed Governor Cook
The Department of Justice will investigate Federal Reserve Governor Lisa Cook based on a criminal referral sent by a Trump administration housing official and arch critic of central bank chairman Jerome Powell, according to a letter obtained by CNBC’s Sara Eisen on Thursday. The letter, addressed to Powell and signed by Justice Department attorney Ed […]
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Trump immigration policy may be shrinking labor force, economists say
Key Points Evidence suggests Trump administration immigration policies are shrinking the size of the immigrant labor force, and the broader U.S. labor pool in recent months, according to economists CNBC spoke with and research notes on the topic. If sustained, which isn’t assured, it could pose challenges for the U.S. economy, those experts said. The […]
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