The end of Jerome Powell’s term as Fed chair will give President Trump his biggest opportunity yet to reshape the central bank.

Federal Reserve Chairman Jerome Powell is announcing the board’s decision on whether it will cut interest rates. The announcement is slated to begin at 2:30 p.m. TRUMP SAYS HE KNOWS ‘WHO HE’S GOING TO PICK’ FOR FED CHAIRMAN After months of pressure from President Donald Trump,

Federal Reserve Chair Jerome Powell is giving remarks Wednesday afternoon after the nation’s central bank made its final interest rate decision of 2025. The committee responsible for setting

Federal Reserve Chair Jerome Powell said the three rate cuts this year have put the central bank's benchmark interest rate closer to a "neutral" level, meaning it is neither boosting nor holding back the economy.

Federal Reserve Chair Jerome Powell downplayed dissenting votes against Wednesday’s decision to lower interest rates again, but a slew of finer details from the meeting revealed just how divided the central bank has become.

The Fed chair said there's no risk-free path to reducing inflation while supporting a creaky labor market, but suggested that higher productivity could be a "get-out-of-jail-free" card.

Swinging around $92,000 for most of the da, BTC jolted to $94,400 as Powell — in his post-meeting press conference — emphasized risks of a possibly weaker than thought labor market, before giving back most of the gains after he said the battle over too-high inflation is far from over.

The chair of the central bank is dealing with internal divisions while being besieged by President Trump and front-runners jockeying to replace him.

U.S. Federal Reserve Chair Jerome Powell walks as he attends to hold a press conference following a two-day meeting of the Federal Open Market Committee (FOMC), at the U.S. Federal Reserve in Washington, D.C., U.S., December 10, 2025. REUTERS/Kevin Lamarque

Federal Reserve chair Jerome Powell has expressed concern over the so-called "K-shaped" economy the U.S. is experiencing.