The Latest Breaking News from Jerome Powell

Jerome Powell says the AI hiring apocalypse is real: 'Job creation is pretty close to zero.’

Powell said the Fed is walking a tightrope as AI-fueled investment props up growth but erodes hiring.

Fortune · Oct 30, 2025

Powell comments about future rate cuts reflect growing division within the Fed

Federal Reserve chair Jerome Powell this week acknowledged "strongly differing views" on the committee about a December rate cut.

Axios · Oct 30, 2025

Bitcoin Sells Trump-Xi Deal, Fed Rate Cut: Is A Breakdown To $93,000 Next?

Bitcoin (CRYPTO: BTC) is trading below $108,000 after the Federal Reserve's 25-basis-point rate cut failed to lift markets, with charts pointing to deeper losses.

Benzinga · Oct 30, 2025

The AI boom isn't going anywhere

The longer the boom can keep carrying the economy, the more it can offset other structural changes.

Axios · Oct 30, 2025

Fed Rate Cut: How Will It Lower Your Credit Card and Mortgage Payments?

Jerome Powell's 29 Oct Fed rate cut drops benchmark to 3.75%-4% – explore credit card APR lower, mortgage rates drop, savings yield decline impacts on auto loans, student debt amid inflation

International Business Times UK · Oct 30, 2025

Fed cuts key rate yet Powell says future reductions are not locked in

Powell suggested the Fed increasingly sees inflation as less of a threat as the central bank cut its key rate to a range of 3.75% to 4%.

Euronews · Oct 30, 2025

Asian shares, oil prices fall back following Trump's meeting with Chinese leader Xi

Asian shares have retreated after President Donald Trump's meeting with Chinese leader Xi Jinping

The Independent UK · Oct 30, 2025

Bitcoin, Ethereum dip after Fed chair hints that 25-point rate cut may be last of 2025

The total market capitalization of all cryptocurrencies dropped 1.8% on Wednesday.

Fortune · Oct 30, 2025

Bitcoin, Ethereum, XRP, Dogecoin Dip As Fed Chair Powell Pours Cold Water On December Rate Cut Hopes: Analyst Says Watch Out For These Key BTC Levels

Leading cryptocurrencies fell alongside major stock indexes on Wednesday as Federal Reserve Chair Jerome Powell said that a year-end interest rate cut is “not a foregone conclusion.”

Benzinga · Oct 30, 2025

Stocks Slide As Powell Cools Rate-Cut Hopes: These 15 Stocks Are Feeling The Pinch

Stocks sold off late Wednesday after Fed Chair Jerome Powell pushed back on expectations for another interest rate cut in December, warning that such a move is "far from a foregone conclusion” as the Federal Open Market Committee remains divided and incoming data remains clouded by shutdown-related gaps.

Benzinga · Oct 29, 2025