President Trump is ploughing ahead with his tariff plans and threats, while still pushing for a cut to interest rates.
At the meeting, Fed officials expressed concerns that tariffs and other Trump policies could slow progress on getting inflation back to their 2% target. The central bank is having a tough time gauging ...
American shoppers may face higher prices if US President Donald Trump goes ahead with some of his proposed tariffs, the US ...
The Fed took a hit to its independence late Tuesday with a new Trump executive order that seeks to rein in the autonomy of independent agencies that do not operate under day-to-day control of the ...
The decision last month to leave the benchmark federal-funds rate at its current level around 4.3% followed rate cuts at ...
Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on Feb. 11, 2025 in Washington, DC.
A new executive order gives President Donald Trump’s appointees more power over independent agencies, including how the Fed ...
Economists have been sounding the alarms that the Fed’s “inclusive” employment strategy may be to blame for staggering ...
Central bankers in major advanced economies have settled on 2% inflation as a reasonable target. In 2020, the Fed indicated it would tolerate periods above 2% to compensate for periods below that ...
Since Mr Trump’s election, that figure has surged by 1.7 percentage points—the joint-largest three-month rise since 1979, ...
Digital asset investment products notched major outflows, bleeding $415 million last week amid investors’ renewed focus on ...
Crypto outflows hit $415 million as Fed’s hawkish stance and inflation fears shake investor confidence, triggering Bitcoin ETF withdrawals.