Federal Reserve Chair Jerome Powell downplayed dissenting votes against Wednesday’s decision to cut interest rates again, but a slew of finer details from the meeting revealed just how divided the central bank has become https://t.co/PXnxoeVLEm ...

>> THE FED DECIDES IN THE MARKET ROUTES REACT. THIS IS ROMAINE BOSTICK. KATIE: I AM KATIE GREIFELD.ROMAIN: WE ARE 10 MINUTES UNTIL THE CLOSING BELL'S AND 30 MINUTES REMOVE FROM THE LAST MANY -- MEETING AND PRESS CONFERENCE. HERE IS THE LAY OF THE LAND. 25 BASIS POINTS WHICH CAME AS EXPECTED AND THE THIRD STRAIGHT CUT WE HAVE GOTTEN THE LAST THREE MEETINGS.WE SHOULD POINT OUT THAT THE POLICY PROJECTION FOR 2026, JUST ONE MORE QUARTER-POINT RATE CUT HEADING INTO NEXT YEAR. THE TWO BIGGEST DEVELOPMENTS IS THE ...

🚨RATE HIKE NOW OFF THE TABLEFed Chair Jerome Powell says interest rates will either stay the same, be cut a little, or cut a lot, not raised. https://t.co/BWEo80z6tT ...

Uncertainty from the US Fed on when it might cut interest rates again will bring a degree of relief to Asia’s markets across asset classes, according to analysts https://t.co/LeOPYIwy2r ...

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].

Housing Market Challenges - Housing supply is low [1] - Many people have very low mortgage rates from the pandemic period, making it expensive to move [1][2] - The country hasn't built enough housing for a long time, leading to a housing shortage [2] - A 25 basis point (0.25%) decline in the federal funds rate may not significantly impact the housing market [1] Structural Issues - The industry lacks the tools to address a secular or structural housing shortage beyond adjusting interest rates [2] - The industry needs more housing of different kinds [2]

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 ...

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 ...

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 ...

👉FED cut rates by 25 bps to 3.50%-3.75%👉BTC $94k ➺ $92k👉ETH $3.4k ➺ $3.3k🐂or 🐻? https://t.co/2APHhlmlxU ...