Treasury Secretary Scott Bessent chides Fed Chair Jerome Powell for not clearly establishing an agenda of cutting interest rates https://t.co/Tho634uBSA ...

Stephen Miran set out his case for lower interest rates, focused on changes made by the Trump administration. But the changes he cites don’t necessarily deliver as promised, James Mackintosh says. https://t.co/jboiHDnzTt ...

European Central Bank's Piero Cipollone doesn’t see major threats to inflation in either direction, with interest rates currently well positioned https://t.co/Gk0d9ZYsZc ...

Traders are reducing their expectations for how much the Fed will cut interest rates in the months ahead, a shift that shows how mixed messaging from central bank officials has clouded expectations for monetary policy https://t.co/lIWKhUhvdF ...

U.S. stocks fell from record highs Tuesday after Federal Reserve Chair Jerome Powell spoke for the first time since the central bank cut interest rates last week. https://t.co/pBsZx2SifN ...

Now that we've heard from the president of the UN, let's start on the next big focus for the market and that will be the Fed chair's speech this afternoon that follows the Fed's quarterpoint rate cut just last week. Joining us this morning, chief economics correspondent of the Wall Street Journal, Nick Timos is with us. Nick, good to have you.Welcome back. Thanks for having me, Carl. We always sort of have I don't know when pal speaks expressor kind of low expectations.His remarks might not get to monetary ...

Federal Reserve Chair Jerome Powell speaks Tuesday to the Greater Providence Chamber of Commerce 2025 Economic Outlook Luncheon. This is Powell's first speech since the Federal Open Market Committee lowered the central bank's key borrowing rate a quarter percentage point to a range of 4%-4.25%, the first cut of the year. For access to live and exclusive video from CNBC subscribe to CNBC PRO: https://cnb.cx/42d859g » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC: https://cn ...

Monetary Policy Stance - The analysis suggests the appropriate Fed funds rate is in the mid 2% area, almost two percentage points lower than current policy [1] - Monetary policy is considered well into restrictive territory [3] - Short term interest rates are roughly two percentage points too tight [3] Risks and Mandates - Leading policy restrictive by such a large degree brings significant risks for the Fed's employment mandate [2] - The Federal Reserve has the goal of promoting price stability [1] - The commitment is to bring inflation sustainably back to 2% [2] Economic Outlook - Overly tight policy risks unnecessary layoffs and higher unemployment [3]

You did say on Friday on live TV that you had spoken to the president the day that you were confirmed. That was just a congratulatory call. You said, Yes, He called me to congratulate me after I'd been sworn in.If I'm curious what you would do if in a phone call, the president directly asked you to vie for a specific decision at the Fed. I would respectfully listen to his view and his analysis of why interest rates should be wherever they think that they should be. And he has been very forthright in his vie ...

The president is entitled to his views on monetary policy. I think everyone's entitled to their views on monetary policy. He's never asked me to set policy in a specific way.I'm curious what you would do if in a phone call the president directly asked you to vive for a specific decision at the Fed. I would respectfully listen to his view and his analysis of why interest rates should be wherever they think that they should be. And he has been very forthright in his view, right.Which is not exactly the same a ...