Topic - Jerome Powell

Powell stressed that there is a lack of clarity about what Trump would do.

Trump was poised to inherit a strong economy, he added to the uncertainty →

“We are in a new phase of the process,” Fed Chair Jerome Powell said after the central bank quickly eased its main interest rate since September by a full percentage point to a range of 4.25% to 4.50%.

Stocks fall sharply, Dow loses 1,100 points after Fed hints at just 2 rate cuts for 2025 →