Powell repeatedly emphasizes that the Fed's actions in the near term would not be affected by Trump's win and his policy plans.

Autor: SMIALEK, JEANNA
Předmět:
Zdroj: New York Times. 11/8/2024, Vol. 174 Issue 60332, pB1-B3. 2p.
Abstrakt: The article reports on interest rate cuts implemented by the U.S. Federal Reserve (Fed) in November 2024, just days after former U.S. President Donald J. Trump won the 2024 presidential election. It presents statements from the Fed's Chair Jerome H. Powell about the effect of the elections and Trump's policy plans on the agency's decisions. It discusses Powell's response to speculations on Trump's call for his resignation as the agency's chair.
Databáze: Regional Business News