The central bank needs to see further progress on inflation or weakness in the labor market to resume interest rate cuts.

The relative calm in the markets may not survive upheaval in the A.I. sector and a deluge of disruptive Trump policies, our ...

Capital One's five-day interruption, President Trump's planned dismantling of the Consumer Financial Protection Bureau and more this month.

While it was created with good intentions 13 years ago, the Federal Open Market Committee’s dot plot does not serve its ...

The pressure from the president has not influenced the U.S. monetary policy, which considers the situation "balanced.". Just ...

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.

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s tradition-bucking pressure on the central bank.

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

Follow live coverage of the January FOMC meeting, interest-rate announcement, and Fed chairman Jerome Powell's press ...

Federal Reserve Chair Jerome Powell pushed back on billionaire Elon Musk's claim the central bank is "absurdly overstaffed," saying the Fed has a careful budget process.

After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...

November 20, 2017 - Yellen tells President Trump in a letter that she will step down from the Federal Reserve’s Board of Governors when her successor is sworn in as the new chairman. February 5, 2018 ...