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.

Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal ...

A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.

The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by ...

The U.S. central bank said the work of the Network of Central Banks and Supervisors for Greening the Financial System has ...

Federal labor law explicitly limits removal of board members to instances of neglect or malfeasance. The termination is among ...

The Federal Reserve has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, a ...

Each Federal Reserve district has a nine-member board of directors. Six are elected by commercial private banks within each district, and three are voted on by the Fed's Board of Governors.

While Trump will be able to appoint a new Fed chair in 2026, he does not have the ability to set monetary policy or change the federal funds rate. No president has the direct power to reduce mortgage ...