Overview

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Hace 1 día President Trump, in a private meeting at the White House on Thursday, told Federal Reserve Chair Jerome Powell that he was making a mistake by not lowering interest rates The Fed’s rate-setting Federal Open Market Committee released its decision to hold rates steady at 4.25% to 4.5% at 2 p.m. EDT Wednesday following its two-day In a press conference, Fed Chair Jerome Powell said he hasn’t had contact with the president and declined to comment on Trump’s recent remarks about demanding This week is particularly crucial for Powell’s legacy as Fed Chairman as the market awaits his response to recent inflation trends and the potential impact of interest rate cuts. actions affect communities, families, and businesses across the country. Everything we do is in service to our public mission. We at the Fed will do everything we can to achieve our As many expected, the first thingJerome Powell addressed was the concern within the country’s banking industry. Firstly, Powell spoke on the recent developments in the sector and Silicon Valley Bank’sclosing marking the largest banking failure since the financial crisis of 2025. Powell stated, “In the past two weeks, Ver más But it said the risks of higher inflation and unemployment had risen, further clouding the economic outlook. Speaking at a press conference following the FOMC meeting Hace 1 día Federal Reserve chair warns of higher long-term interest rates . Federal Reserve Chairman Jerome Powell met with President Trump at the White House on Thursday Everything Fed Chair Jerome Powell Discussed at This Weeks Crucial FOMC MeetingThe decision from the Federal Reserve signal that the fight against inflation

Everything Fed Chair Jerome Powell Discussed at This Week\'s Crucial FOMC Meeting

This week\'s FOMC meeting was pivotal, and all eyes were on Fed Chair Jerome Powell. From interest rate decisions to the health of the banking sector, here\'s a comprehensive overview of everything Jerome Powell discussed, impacting communities, families, and businesses across the country. Everything we do is in service to our public mission. We at the Fed will do everything we can to achieve our goals.

Interest Rate Decision and Inflation Fight

The decision from the Federal Reserve signals that the fight against inflation continues. The Fed\'s rate-setting Federal Open Market Committee released its decision to hold rates steady at 4.25% to 4.5% at 2 p.m. EDT Wednesday following its two-day meeting. However, the meeting transcript and subsequent press conference offered valuable insights into the Fed\'s future strategy.

Powell\'s Press Conference: Key Takeaways

Speaking at a press conference following the FOMC meeting, Powell addressed critical concerns about the economic outlook. But it said the risks of higher inflation and unemployment had risen, further clouding the economic outlook.

Banking Sector Concerns: Silicon Valley Bank and More

As many expected, the first thing Jerome Powell addressed was the concern within the country’s banking industry. Firstly, Powell spoke on the recent developments in the sector and Silicon Valley Bank’s closing, marking the largest banking failure since the financial crisis of 2025. Powell stated, “In the past two weeks, Ver más..." This underscored the Fed\'s commitment to monitoring and addressing potential vulnerabilities in the financial system.

Trump\'s Input and Fed Independence

Hace 1 día President Trump, in a private meeting at the White House on Thursday, told Federal Reserve Chair Jerome Powell that he was making a mistake by not lowering interest rates. Federal Reserve Chairman Jerome Powell met with President Trump at the White House on Thursday. In a press conference, Fed Chair Jerome Powell said he hasn’t had contact with the president and declined to comment on Trump’s recent remarks about demanding lower rates, emphasizing the Fed\'s independence in its monetary policy decisions.

Powell\'s Legacy and the Market\'s Reaction

This week is particularly crucial for Powell’s legacy as Fed Chairman as the market awaits his response to recent inflation trends and the potential impact of interest rate cuts. Federal Reserve chair warns of higher long-term interest rates.