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Chair Jerome Powell has said the Federal Reserve would likely have cut rates already if not for Trump’s sweeping tariffs.
In a challenge to the Fed's independence, Trump has spent months pressuring the central bank to lower rates. In July, he ...
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 Fed’s monetary policy committee kept its benchmark rate steady at between 4.25 percent and 4.5 percent, as analysts and ...
The Federal Reserve is expected to leave interest rates unchanged on Wednesday, six days after President Donald Trump again ...
The Federal Reserve is expected to leave interest rates unchanged on Wednesday, even as President Donald Trump continued to ...
Federal Reserve Governor Adriana Kugler announced her resignation, creating a key vacancy as President Trump pushes for lower ...
The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls ...
The Federal Reserve kept its key short-term interest rate unchanged at around 4.3%, maintaining the level set after three ...
President Trump’s economy faced a big day Wednesday, with a strong second-quarter GDP report and the Federal Reserve’s latest interest rate decision coming two days before new tariffs ...
In Powell's view, the Fed is further from its goal on inflation than that of the job market, which means the Fed must keep rates high. Change that equation, though, and the Fed could quickly begin to ...
The Federal Reserve voted to leave its short-term interest rate unchanged as expected, despite mounting pressure ...
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