Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
While it was created with good intentions 13 years ago, the Federal Open Market Committee’s dot plot does not serve its ...
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.
Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, ...
The central bank said it had decided to leave the network after the group’s work “increasingly broadened in scope.” ...
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 ...
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 ...
Sen. Adam Schiff (D-Calif.) joins Meet the Press to discuss President-elect Trump’s plan to pardon people involved in January 6th, Trump’s upcoming court sentencing, and Schiff’s view of ...
Is the Reserve Bank close to stepping into the currency market to support the Australian dollar and, if so, what does this mean for millions of Australians? While it's a rare event, it's been done ...
U.S. president-elect Donald Trump says he has no plans to fire Federal Reserve chair Jerome Powell. But that doesn’t mean he isn’t girding for a fight. Strong economic growth and stubborn ...