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.

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

The US Federal Reserve is expected to announce a pause in rate cuts on Wednesday, as policymakers look to continue tackling ...

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 ...

The federal estate and gift tax exemption changes from year to year. The current combined federal estate and gift tax exemption amount of $13.99 million per person ($27.98 million per married ...

Three people from China pleaded guilty in federal court in Concord to charges linked to an international scam involving gift cards. Tiger Woods handed damning verdict on TGL debut by son Charlie ...

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 ...

The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...

Fixed income markets anticipate that the Federal Reserve will cut interest rates in 2025, but not by much. Short-term interest rates are expected to end 2025 close to 4%. That’s down from the ...

Pickerel is a retired CPA with over 40 years of tax experience. The Federal Reserve Bank of St. Louis promoted Vice President and Deputy General Counsel Jennifer Haynes to senior vice president ...

These are some of the gifts President Joe Biden got from foreign officials in 2023, according to a legally mandated annual tally released this week by the State Department. Federal law requires ...