fox-business/person/jerome-powell
Powell warns housing struggles to continue despite rate cuts
FOX Business reporter Jeff Flock joins ‘Varney & Co.’ to explain how required EV wiring, solar-ready roofs and stricter insulation rules are contributing to soaring homebuilding costs. Federal Reserve Chair Jerome Powell warned that the housing sector’s struggles are likely to continue with interest rate cuts unlikely to move the needle significantly to address challenges with […]
Powell declines comment on Supreme Court decision on Trump tariffs
Federal Reserve Board Chairman Jerome Powell announces interest rate decision after December FOMC meeting. Federal Reserve Chairman Jerome Powell on Wednesday declined to comment on the upcoming Supreme Court decision that could shape the future of President Donald Trump‘s trade agenda. “It’s not something I want to address here,” Powell said during a press conference […]
Fed meeting to decide rates as high borrowing costs squeeze Americans
Rep. Dan Meuser, R-Pa., discusses President Donald Trump’s trip to Pennsylvania to tout his economic gains on ‘Mornings with Maria.’ When it comes to what Americans can afford, no institution looms larger than the Federal Reserve. The nation’s central bank, commonly known as the Fed, doesn’t set the price of groceries or cars, but it […]
Tim Scott pushes accelerated Fed chair confirmation after Trump pick
Sen. Tim Scott, R-S.C., said he’ll accelerate the confirmation process for Trump’s forthcoming Fed nominee, while insisting the next chair must stay above politics and focus squarely on lowering rates, boosting affordability and stabilizing prices. EXCLUSIVE — Senate Banking Committee Chairman Tim Scott, R-S.C., told FOX Business he will push for an “accelerated path to […]
Trump says he has picked the next Fed chair as affordability issues persist
Macromavens President Stephanie Pomboy joins ‘Mornings with Maria’ to discuss rising layoffs, collapsing small business hiring plans and why flawed payroll data may be giving a false picture of job growth. President Donald Trump said over the weekend that he has chosen the next Federal Reserve chair, a decision unfolding as affordability pressures continue to […]
Kevin Hassett says he’d be ‘happy to serve’ as next Fed chair under Trump
National Economic Council Director Kevin Hassett joins ‘Fox & Friends Weekend’ to discuss a record-breaking Black Friday despite national concerns about affordability and how the Trump administration says it’s reducing prices and inflation. National Economic Council Director Kevin Hassett said Sunday he would be “happy to serve” if selected as the next Federal Reserve chair, […]
Prediction markets show 80% chance of Fed rate cut in December meeting
Macromavens President Stephanie Pomboy joins ‘Mornings with Maria’ to discuss rising layoffs, collapsing small business hiring plans and why flawed payroll data may be giving a false picture of job growth. Prediction markets are heavily signaling a 25-basis-point interest rate cut in December, with probabilities hovering above 80% on both Kalshi and Polymarket. Traders on […]
Bessent completes Fed chair interviews, sends shortlist of 5 to Trump
‘Kudlow’ panelists Judy Shelton and Steve Forbes discuss the Trump administration’s affordability efforts. Treasury Secretary Scott Bessent has wrapped up interviews this week for the top spot at the Federal Reserve. Bessent, who has been interviewing candidates since Labor Day, has previously said that he wants to “see people who are forward-looking, not backward-looking on […]
Fed minutes reveal split on future rate cuts and inflation worries
Panelists EJ Antoni and Marc Sumerlin weigh in on who could be the next Federal Reserve chairman pick and the upcoming December rate decision on Kudlow. The minutes of the Federal Reserve’s policy meeting last month show that the path for interest rate cuts in December and early next year is far from certain. Policymakers on […]
Fed Governor Cook speaks publicly for first time since Trump said he fired her
Federal Reserve governor Christopher Waller joins ‘Kudlow’ to discuss the latest happenings at the Federal Reserve. Speaking publicly for the first time since President Donald Trump declared he had dismissed her, Federal Reserve Governor Lisa Cook on Monday briefly alluded to her ongoing legal fight over her position on the central bank’s board. “I would […]