Treasury secretary nominee Scott Bessent told Senate lawmakers Thursday that the Federal Reserve should remain independent, ...
The Federal Reserve should stay independent, Trump's pick to be U.S. Treasury Secretary told a Senate panel on Thursday.
The Wall Street Journal at 5:30 a.m. Eastern published an interview with Cleveland Fed President Beth Hammack, who dissented from December's decision to cut interest rates. She said there's still an i ...
At the end of its Federal Open Market Committee session on December 18, 2024, the Fed announced a cut to the federal funds target interest rate to a range of 4.25% to 4.50%. It marks the third ...
After 14 months of stagnancy, the Federal Open Market Committee (FOMC) lowered the federal funds rate three times in 2024, ending the year with a target range of 4.25% to 4.50%, the lowest since ...
The minutes from the December Fed meeting signaled central bankers' uncertainty over potential Trump administration policies.
BCA Research predicted previously that stocks could drop as much as 26% this year. The firm has a recession as its base case ...
Donald Trump is expected to elevate Michelle Bowman, a fifth-generation community banker and current Fed governor, as the ...