Price and wage trends point to the Fed hitting its target this year, but whether it gets there now depends on Trump.
Donald Trump and Federal Reserve Chair Jay Powell could be on a collision course in 2025. At a Jan. 7 press conference, Trump said "inflation is still raging, and interest rates are far too high." ...
The economy rebounded strongly from the COVID shock, but the U.S. continues to grapple with a cost-of-living crisis and ...
Trump advisers were weighing whether to strip Michael Barr of his leadership role at the Fed, but Barr stepped down from the ...
The Federal Reserve might be unable to lower its benchmark lending rate until late in the autumn, market-derived data ...
Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a ...
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change.
Donald Trump, the self-styled bitcoin and crypto president, will reportedly issue several crypto-related executive orders on ...
As President-elect Donald Trump prepares to return to the White House, the U.S. dollar has, by some measures, never been ...
President-elect Trump and Republican majorities in Congress are planning to pursue an ambitious tax cut plan, but some GOP ...
The Federal Reserve hiked interest rates to two-decade highs ... While the FOMC announced a 50 basis point cut in September, ...
If confirmed as Treasury Secretary, Bessent would be tasked with steering federal fiscal policies set by Congress and the ...