The Federal Reserve held its key interest rate steady Wednesday, keeping downward pressure on inflation out of concern that ...

The Federal Reserve has been battling inflation since March 2022, when it began ratcheting up rates to cool the economy, eventually pushing its benchmark rate to its highest level in 23 years.

A broadside by Office of Management and Budget Director Russell Vought opened up a new front in Trump’s war of words against ...

The Federal Reserve on Wednesday announced that it will leave a key interest rate unchanged for the second consecutive meeting amid uncertainty over inflation, the labor market and tariffs' impact.

The Federal Reserve on Wednesday warned of an increased risk of stagflation from the Trump administration’s tariff plan as it left interest rates unchanged – despite growing pressure from the ...

The Federal Reserve is planning to reduce its workforce by 10% over the next few years, according to a memo by Fed Chair Jerome Powell sent to employees on Friday.

And I think I have a better instinct than, in many cases, people that would be on the Federal Reserve — or the chairman.” It’s unclear if Trump, or any president, ...

The Federal Reserve will reduce its work force by 10 percent over the next several years to ensure the institution is “right-sized and able” to carry out its duties to foster a healthy economy.