The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.
The Federal Reserve's preferred measure of inflation picked up in December, pushing the central bank's goal of a 2% annual rate farther into the distance.
The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...
Federal Reserve governor Michelle Bowman said that she would prefer only gradual future easing of the central bank’s interest ...
U.S. interest rate cycles are driven largely by how restrictive or accommodative the Federal Reserve thinks monetary policy ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
The US Federal Reserve made its first significant decision during President Donald Trump's second term on Wednesday, ...
Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...
Federal Reserve Chairman Jerome Powell will likely serve the remainder of his term under the Trump administration through May 2026. AFP via Getty Images The plaintiffs allege that the Fed has been ...
Jan 16 (Reuters) - The Federal Reserve should stay independent, Trump's pick to be U.S. Treasury Secretary told a Senate panel on Thursday. "I think on monetary policy decisions, the FOMC should ...
Commissions do not affect our editors' opinions or evaluations. The Federal Reserve concluded 2024 with a quarter-point interest rate cut, bringing the target federal funds rate down to a range of ...