News

President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
Although he excluded Treasury Secretary Scott Bessent from consideration, President Donald Trump stated that he has four ...
Federal Reserve Chair Jerome Powell made it clear on Wednesday that the resilient U.S. labor market is currently the primary ...
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...
The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to ...
Nothing tariffs are starting to push up prices, Powell said the Fed is already “looking through” goods inflation by not ...
A Biden appointee’s early departure offers the president potential help on interest rates—and a way to make life difficult ...