Fed Today Order Form - Board of Governors of the Federal Reserve - federalreserve 2025

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The Fed cut reduces its federal funds rate what banks charge each other for short-term loans by one-quarter point, shaving its target range to between 4% and 4.25%, down from its prior range of 4.25% to 4.5%.
First presidency (20182021) President Donald Trump nominated Jerome Powell to serve a four-year term as chair of the Federal Reserve in November 2017; he assumed the position in February 2018. His tenure began with an effort to argue for the independence of the Federal Reserve and to avoid criticism from Trump.
Jerome Powell was sworn in as chairman on February 5, 2018. He had been first nominated to the position by President Donald Trump on November 2, 2017, and confirmed by the Senate.
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