Archive · 2 Dec 2025
Powell Speaks Before Fed Decision
Jerome Powell, the head of the Federal Reserve, is giving a speech today about economic policy.
This is important because next week, the Fed will decide whether to lower interest rates, which makes loans cheaper.
Powell is expected to retire next year, and Kevin Hassett is likely to take his place.
The Fed wants to support jobs and keep inflation low.
Recently, inflation has been lower than expected, but the job market is showing mixed signs.
Some people think the Fed should cut rates to help the economy, while others worry it could cause problems.
The decision will be announced on December 10.
Jerome Powell will speak at the Hoover Institution on December 1, 2025, before the FOMC meeting next week.
The Fed is expected to announce a 25 basis points rate cut on December 10, 2025.
Powell's term as Fed chair ends in May 2026, with Kevin Hassett as the leading candidate to succeed him.
Recent inflation data is lower than expected, but the labor market shows mixed signals.
The Fed aims to support the job market and maintain moderate inflation with its policy decisions.
- Who
- Jerome Powell, Kevin Hassett
- What
- Jerome Powell’s speech and potential Fed rate cut
- When
- December 1, 2025, and December 9-10, 2025
- Where
- Stanford, California, and Washington, DC
- Why
- To discuss economic policy and potential interest rate cuts
Rate Cut Supporters
Rate Cut Skeptics
Economic Policy Direction
Rate Cut Supporters
Supporters argue that a rate cut will stimulate economic growth and support the job market, especially given the recent lower-than-expected inflation data.
Rate Cut Skeptics
Skeptics believe that cutting rates too soon could lead to higher inflation and economic instability, especially with mixed signals from the labor market.
- Event
- Jerome Powell’s speech at Hoover Institution
- Date
- December 1, 2025
- Time
- 8:00 p.m.
- Location
- Stanford, California
- FOMC Meeting
- December 9-10, 2025
- Expected Rate Cut
- 25 basis points
- Powell’s Term End
- May 2026
- Potential Successor
- Kevin Hassett
Sources
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Trump has made his Fed choice — Is Hassett the one?
All eyes on the US Fed Chair Jerome Powell’s speech today
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Hassett odds-on favorite as Trump’s next Fed chief. The stock market might be on board with that.
Why Kevin Hassett is winning the Fed chair race before it has ended
Gold Edges Lower As Investors Book Profits
