News

Trump urges Fed board to ‘assume control’ if Jerome Powell doesn’t slash rates soon
President Trump took fresh aim at the chairman following the central bank’s decision to keep interest rates unchanged.
Fed recap: Powell says no decision on September, must wait to see tariff impact on inflation
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
Fed’s Powell sticks with patient approach to rate cuts, brushing off Trump’s demands
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
Waller says he's willing to lead Fed if Trump asks, but no contact so far
Federal Reserve Governor Chris Waller, an advocate for an immediate interest rate cut, said on Friday he would accept the job ...
Federal Reserve leaves interest rates unchanged even as Trump demands cuts
The Federal Reserve left its key short-term interest rate unchanged for the fifth time this year, brushing off repeated calls ...
Waller Says He Would Accept the Fed’s Top Job If Asked
Federal Reserve governor Christopher Waller, a Trump appointee from the president’s first term and a contender to succeed ...
Fed holds short-term rate steady
Federal Reserve Chair Jerome Powell gave little indication on Wednesday of bowing anytime soon to President Donald Trump's ...
Two Fed officials break ranks as Trump wages war on Powell
Two of the Fed’s board members, Christopher Waller and Michelle Bowman, dissented from the Fed’s decision — a rare event. They argued that the rate-setting committee should have cut instead, feeding ...