Powell is facing two days of what could be tough grilling on Capitol Hill, as Trump has repeatedly urged the Fed to reduce ...

The Fed has insisted all year that it’s not time to cut interest rates yet on account of tariff uncertainty. However, as ...

ANALYSIS: President Trump has said he may move up the announcement of Powell's replacement, with analysts looking for public ...

But Mr. Waller said the Fed could act as soon as next month, citing the fact that its main reason for holding off — price increases from the president’s tariffs — may prove only temporary.

Federal Reserve Chair Jerome Powell faces intensifying pressure for rate cuts from the White House and even some of his fellow central bank policymakers as heads to Capitol Hill Tuesday for his ...

In fact, in the last 12 months the ECB has reduced its rate eight times and the Fed has done so three times, all late last year. The Fed’s cuts last year lowered its rate to about 4.3%.

The Federal Reserve should consider cutting interest rates at its next meeting given recent tame inflation data and the fact that any price shock from import tariffs will be short-lived, Federal ...

Fed Governor Waller supports a fed rate cut as soon as July, citing reduced inflation risks and urging action before labor ...

WASHINGTON, June 20 (Reuters) - The close split at the U.S. Federal Reserve over whether to keep hedging against inflation risks or move forward faster with rate cuts came through on Friday in the ...

The president's attacks intensified at the end of last week as Trump called for rates to drop from 4.25% to 4.5% to between 1% and 2% and said of Powell and the Fed's board of governors: "I don't ...