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Powell declines to weigh in on potential successors as Trump eyes next Fed chair
Fox Business· 2025-12-10 23:10
Core Viewpoint - Federal Reserve Chairman Jerome Powell remains focused on his current role and has not indicated any plans regarding his future or potential successors as President Trump considers candidates for the Fed chair position [1][4]. Group 1: Powell's Position and Future - Powell stated that Trump's search for a new Fed chair does not affect his ability to perform his duties [1]. - He emphasized his focus on his remaining time as chair and has no new information to share regarding his future [4]. - Powell, appointed by Trump in 2017, is set to complete his term in May 2026 [4]. Group 2: Potential Successors - Trump is reportedly considering several candidates to replace Powell, including his top economic adviser Kevin Hassett, current Federal Reserve Board Governor Christopher Waller, and former Fed board Governor Kevin Warsh [5]. - Treasury Secretary Scott Bessent has completed interviews with candidates and submitted five names to Trump, expressing a desire for "forward-looking" regulators [6][7]. Group 3: Trump's Perspective - Trump has publicly criticized Powell, describing him as "stiff" and expressing a desire for a Fed chair who will be honest about interest rates, advocating for the lowest rates in the world [7].
Powell: Housing market faces 'significant challenges'
CNBC Television· 2025-12-10 23:00
the housing market faces um some really significant challenges and uh I don't know that you know a 25 basis point decline in the federal funds rate is going to make much of a difference for people. Um you know housing supply is low. Many people have very very low low uh uh low rate mortgages from the pandemic period and they kept refinancing and caught the the really low.So it's may expensive to them to move and you know we're we're a ways away from that changing. Also we're just we haven't built enough hou ...
X @The Wall Street Journal
Wall Street cheered the Federal Reserve’s decisions to cut interest rates and keep the door open for more cuts, bringing the S&P 500 within striking distance of a record high https://t.co/z6T0BWOh6H ...
Powell says central bank needs to 'wait to see' before moving again
CNBC Television· 2025-12-10 22:15
The adjustments since September um bring our policy within a broad range of estimates of neutral and as we noted in our statement today, we are well positioned to determine the extent and timing of additional adjustments based on the incoming data, the evolving outlook and the balance of risks. Uh that new language points out that we'll carefully evaluate that incoming data. Uh and also I would note that having reduced our policy rate by 75 basis points since September and 175 basis points since last Septem ...
The MONEY PRINTER Is Back! Powell Just Primed Markets For HIGHER
Hello everyone. The Federal Reserve and Drone Powell, they made their big decision today. The US economy is booming.We got data on why buying all-time high stock prices may actually be a good idea. And Netflix's Ryan Sorant, he unpacks what's happening with home affordability in America. We're live today from the desk of Anthony Pompiano.Before we get into today's episode, I need your help. My goal is to get to 1 million subscribers on YouTube. That's a big, hairy, audacious goal, but with your help, I'm go ...
X @BitMart
BitMart· 2025-12-10 21:58
👉FED cut rates by 25 bps to 3.50%-3.75%👉BTC $94k ➺ $92k👉ETH $3.4k ➺ $3.3k🐂or 🐻? https://t.co/2APHhlmlxU ...
X @Bloomberg
Bloomberg· 2025-12-10 21:48
Economists are split over what will be the next move by the RBA, with some expecting interest rates to head higher. Read today’s Australia Briefing for your daily dose of the best of Bloomberg from Down Under and around the world https://t.co/0sXRmn8jrL ...
Trump Says Fed Rate Cuts Could Have Been Doubled
Bloomberg Television· 2025-12-10 21:32
We're scheduled to be at 4%, which is pretty amazing because we have a, you know, Deadhead Fed fan here. I mean, this guy, the head of the Federal Reserve, is a step. And, you know, you fight that.It's amazing. We fight that. And yet interest rates are going down.Except with him, not too much. He did a he did a rather, I would say, a rather small number that could have been doubled, at least double. ...
Fed Chair Powell: Housing market faces significant challenges
CNBC Television· 2025-12-10 20:52
I wanted to ask you about how the higher inome households are really [clears throat] driving spending right now. They're backed by home equity and stock market wealth, but lower-income consumers are really struggling with the accumulation of 5 years now of rising prices. It's price levels, not really the inflation rate holding some of these families back.How sustainable is this so-called K-shaped economy and and what are the Fed's thoughts on whether that's a risk going forward. So we do um through our vast ...
Federal Reserve cuts interest rates for third time in a row
NBC News· 2025-12-10 20:33
The Federal Reserve decided to cut interest rates for a third straight time. The board voting for a quarter point rate cut. That is what experts were predicting and it is the final interest rate decision of 2025.We've seen cuts since September after the interest rate did not change for most of the year. It's also worth noting the board members were flying blind a bit before casting today's vote. That's because the government reports that the Fed usually relies on have been delayed or cancelled as the result ...