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President Trump blasted Federal Reserve Chair Jerome Powell over the multibillion-dollar renovation of the central bank's ...
Fed Chair Jerome Powell said the economy is solid — and that it's also too early to tell how tariffs will affect it.
So far, an increasingly divided Federal Open Market Committee (FOMC) has resisted cutting rates to wait for more data over the summer on the impact of tariffs on consumer prices. It last cut in ...
Trump returned to his sharp critiques of the Fed chair, saying: “Jerome ‘Too Late’ Powell must NOW lower the rate” after the ...
Treasury Secretary Scott Bessent said Wednesday that short term interest rates should be 1.5 to 1.75 percentage points lower than their current level, keeping up the administration’s pressure ...
Treasury Secretary Scott Bessent on Wednesday urged central bankers to issue a half-point cut at next month’s meeting – breaking from his zipped-lip stance on the Fed’s monetary agenda. Bessent said ...
In MAGA world, Stephen Miran, the White House economist President Donald Trump nominated last week to the Federal Reserve’s ...
The Federal Reserve voted to leave its short-term interest rate unchanged as expected, despite mounting pressure ...
Stocks got a lift from hopes that the better-than-expected inflation report will give the Federal Reserve more leeway to cut interest rates at its next meeting in September. Lower rates would give a ...