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Powell

‘It’s really tariffs’: Cutting through the fog, Fed lowers rates again

The US central bank cut interest rates for the third time, but with the spectre of a new Trump-appointed chair looming, dissent among its members is intensifying.

  • Stephen Bartholomeusz

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Jerome Powell will speak at 6.30am AEDT.

Federal Reserve cuts rates again but internal divide widens

The central bank reduced its key interest rate for the third time in a row but signalled that it may leave rates unchanged in the coming months, a move that could attract ire from President Donald Trump.

  • Christopher Rugaber
Kevin Hassett

The one credential Trump craves more than anything

The frontrunner to take over as head of the Federal Reserve has the single quality that Donald Trump is looking for above all.

  • Stephen Bartholomeusz
Trump said that those who oppose the mine “are Anti-American, and representing other copper competitive countries.”

Donald Trump is set to explode as the Fed flies blind

The US president’s quest to take control of the US central bank is not going exactly to plan.

  • Stephen Bartholomeusz
President Donald Trump, left, and Federal Reserve Chairman Jerome Powell visit the Federal Reserve, Thursday, July 24, 2025, in Washington. (AP Photo/Julia Demaree Nikhinson)

America is heading into an irresponsible financial boom

The Federal Reserve is making moves to try and stabilise the money markets, which will have potent ramifications.

  • Ambrose Evans-Pritchard
Wall Street advanced again.

ASX slips as rate cut hopes fade; Wesfarmers, Coles and Lynas fall

The Australian sharemarket has finished down for the third session in a row, with retailers, tech and property stocks weighing on the bourse.

  • Staff writers
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“Policy is not on a preset course,” Jerome Powell has warned financial markets.

Direction unknown: A divided Fed is ‘driving in the fog’

Donald Trump’s tariffs and immigration policies, rising inflation and unemployment and the US government shutdown are making decision-making difficult for the US central bank.

  • Stephen Bartholomeusz
Fed chairman Jerome Powell will speak at 5.30am AEDT.

‘Needs to be taken off the board’: Fed cuts US interest rates but chief sends a warning

The Federal Reserve cut its key interest rate for a second time this year but Jerome Powell unsettled markets during his press conference.

  • Christopher Rugaber
One kilogram and five hundred gram gold bars at Gold Investments Ltd. bullion dealers arranged in London, UK, on Thursday, April 3, 2025. Gold retreated on Thursday, after notching its latest record, after President Donald Trump triggered tumult on global markets with sweeping “reciprocal” tariffs. Photographer: Chris Ratcliffe/Bloomberg

Gold still glitters, even after its shock slump overnight

The precious metal had its biggest one-day fall in more than a decade, but most of the factors that drove its price to record highs are still in place.

  • Stephen Bartholomeusz
Are those lining up to buy gold bullion wasting their time and money?

Gold FOMO in full swing: Why people are lining up to buy bullion

Gold is not just hot right now – it’s smoking. But when people start lining up in streets to get their hands on it, there may be bigger problems ahead.

  • Elizabeth Knight

Original URL: https://www.theage.com.au/topic/federal-reserve-1mzb