U.S. World Business Lifestyle
Today: December 13, 2025
Today: December 13, 2025

Jerome Powell

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Federal Reserve cuts key rate, sees healthier economy next year

The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months

Federal Reserve cuts key rate, sees healthier economy next year
Business|Economy|World

Takeaways: Powell says the Fed has delivered enough rate cuts for now

Takeaways: Powell says the Fed has delivered enough rate cuts for now

Takeaways: Powell says the Fed has delivered enough rate cuts for now
Business|Economy|Finance

Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds

The Federal Reserve faces an unusually contentious meeting this week that will test Chair Jerome Powell’s ability to corral the necessary support from fellow policymakers for a third straight interest rate cut

Fed likely to lower borrowing costs this week, but follow-up rate cuts face longer odds
Asia|Business|Economy|Finance|Stock Markets|US|World

Dollar weak with rate-cut enthusiasm intact, euro at 7-week high

The U.S. dollar was soft on Thursday after lacklustre economic data cemented the case for a rate cut from the Federal Reserve next week, providing relief

Dollar weak with rate-cut enthusiasm intact, euro at 7-week high
Business|Economy|Finance|Stock Markets|World

A far from quiet end to the year 

A look at the day ahead in U.S. and global markets by Dhara Ranasinghe, Editor, Financial Markets EMEA. What matters in U.S. and global markets today. 

A far from quiet end to the year 
Business|Economy|Finance|Stock Markets|Technology

Wall Street ends lower as yields climb; crypto stocks drop

U.S. stocks closed modestly lower on Monday, weighed down by a jump in Treasury yields and economic data that showed tariffs remained a drag on the

Wall Street ends lower as yields climb; crypto stocks drop
Business|Economy|Finance|Stock Markets|World

Wall St opens lower ahead of Powell speech, manufacturing data

Wall Street's main indexes opened lower on Monday as investors stood on the sidelines ahead of fresh economic data and a closely watched speech from Federal Reserve Chair Jerome

Wall St opens lower ahead of Powell speech, manufacturing data
Business|Economy|Finance|Political|Stock Markets|US|World

Trump says he’s decided on his pick for Fed chair. Here’s who’s who on the short list

Trump says he’s decided on his pick for Fed chair. Here’s who’s who on the short list

Trump says he’s decided on his pick for Fed chair. Here’s who’s who on the short list
Business|Economy|Finance|Political|World

Good chance Trump may unveil Fed pick by Christmas, Bessent says

U.S. Treasury Secretary Scott Bessent said on Tuesday he was concluding a second round of interviews later in the day for a new U.S.

Good chance Trump may unveil Fed pick by Christmas, Bessent says
Business|Economy|Finance|Stock Markets

Fed's Goolsbee uneasy about rate cuts, says nothing wrong with dissenting

Chicago Federal Reserve President Austan Goolsbee on Thursday said he is uneasy about cutting interest rates in the face of too-high inflation that's steady at best and by

Fed's Goolsbee uneasy about rate cuts, says nothing wrong with dissenting
Business|Economy|Finance|Political|Stock Markets|US

Trump teases he’ll fire Bessent if Fed doesn’t cut interest rates

Trump teases he’ll fire Bessent if Fed doesn’t cut interest rates

Trump teases he’ll fire Bessent if Fed doesn’t cut interest rates
Business|Economy|Finance|World

Many Fed policymakers at last meeting were opposed to December rate cut

A divided Federal Reserve cut interest rates last month even as policymakers cautioned that doing so could risk entrenched inflation and a loss of public

Many Fed policymakers at last meeting were opposed to December rate cut
Business|Economy|Finance|World

Fed minutes: Most officials supported more rate cuts but not necessarily in December

A majority of Federal Reserve policymakers expressed support in late October for further interest rate cuts, though not all committed to making the reduction at their next meeting in December, according to minutes released Wednesday

Fed minutes: Most officials supported more rate cuts but not necessarily in December
Business|Economy|Political|World

Trump again criticizes Fed's Powell, says 'I'd love to fire his ass'

U.S.

Trump again criticizes Fed's Powell, says 'I'd love to fire his ass'
Business|Economy|Finance|Political|Stock Markets|World

Amundi's Mortier worried about Fed independence, cautious on megacap stocks

Damage to the independence of the U.S.

Amundi's Mortier worried about Fed independence, cautious on megacap stocks
Business|Economy|Finance|Political|Stock Markets|US|World

Fed minutes expected to detail a policy divide that may be deepening

The minutes of the U.S. central bank's October 28-29 meeting could provide more insight on Wednesday into the depth of the divide that has emerged among

Fed minutes expected to detail a policy divide that may be deepening
Business|Economy|Finance|World

Sharp disagreements over economy threaten Federal Reserve interest rate cut

What was once seen as a near-certain cut in interest rates next month now looks more like a coin flip as Federal Reserve officials sharply disagree over the economy’s health and whether stubborn inflation or weak hiring represent a bigger threat

Sharp disagreements over economy threaten Federal Reserve interest rate cut
Business|Economy|Finance|Political|US

Trump says his administration has started interviews for next Fed chair

U.S.

Trump says his administration has started interviews for next Fed chair
Business|Economy|Finance|World

Top asset manager DWS warns of global risks if US restricts dollar access

Executives at DWS, one of Europe's largest money managers, are thinking through the potential impacts in the unlikely event that the U.S.

Top asset manager DWS warns of global risks if US restricts dollar access
Business|Economy|Finance|Stock Markets|World

Trading Day: Fed hopes melt, stocks sink

Wall Street tumbled and Treasury yields rose on Thursday as expectations of a Federal Reserve interest rate cut next month faded rapidly, while the dollar

Trading Day: Fed hopes melt, stocks sink
Business|Economy|Finance|Stock Markets|US|World

Fed's December rate cut looks increasingly like a toss-up

Citing worries about inflation and signs of relative stability in the labor market after two U.S. interest rate cuts this year, a

Fed's December rate cut looks increasingly like a toss-up
Business|Economy|Finance|World

Fed's Miran repeats call for less restrictive monetary policy

Federal Reserve Governor Stephen Miran on Wednesday repeated his view that data showing inflation running above 2% is backward-looking and should not be taken at face value, and again

Fed's Miran repeats call for less restrictive monetary policy
Business|Economy|Europe|Finance|World

ECB's Lagarde replaces Fed's Powell on two key BIS committees

European Central Bank President Christine Lagarde is to take over from Federal Reserve chief Jerome Powell as head of two of the Bank for International Settlements' key economic

ECB's Lagarde replaces Fed's Powell on two key BIS committees
Business|Economy|Finance|World

Fed to cut rates again in December on weakening job market, say most economists: Reuters poll

The U.S.

Fed to cut rates again in December on weakening job market, say most economists: Reuters poll