Amara Omeokwe

Federal Reserve Chair Jerome Powell said he’s confident he’ll have a similar relationship with the incoming administration, including Treasury nominee Scott Bessent, as he has now.

El presidente de la Reserva Federal de Estados Unidos, Jerome Powell, se mostró confiado en que mantendrá una relación similar a la actual con la administración entrante, incluido el candidato del Tesoro, Scott Bessent.

Federal Reserve Chair Jerome Powell downplayed the prospects of tension with the incoming Trump administration and said he expects officials can move cautiously as they continue lowering interest rates.

The latest snapshot of the US labor market nudged the Federal Reserve closer to lowering interest rates later this month, but didn’t quite seal the deal with a key inflation report looming.

Federal Reserve officials lowered their benchmark interest rate for a third consecutive time, but reined in the number of cuts they expect in 2025, signaling greater caution over how quickly they can continue reducing borrowing costs.

Los funcionarios de la Reserva Federal de Estados Unidos recortaron su tasa de interés de referencia por tercera vez consecutiva, pero limitaron el número de recortes que prevén para 2025, lo que indica una mayor cautela sobre la rapidez con la que pueden seguir reduciendo los costos de endeudamiento.

Federal Reserve officials lowered their benchmark interest rate for a third consecutive time, but reined in the number of cuts they expect in

Federal Reserve officials lowered their benchmark interest rate for a third consecutive time, but reined in the number of cuts they expect in

However, officials reduced their expected number of rate cuts for next year from four to two.

Federal Reserve Bank of New York President John Williams said that he started to factor in proposed policies of President-elect Donald Trump in his economic projections, and that policy is well-positioned to respond to uncertainties next year.