Fed chair Jerome Powell said he has not talked with Trump since the president demanded last week “interest rates drop ...
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
As interest rates rose, banks charged more for credit cards and loans, but held rates paid on savings accounts.
Fed governor Michael Barr said in a letter to President Joe Biden that he would step down as vice chair of supervision Feb. 28, or earlier if a successor was confirmed. Yet Barr said he would remain ...