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.
The Federal Reserve held interest rates steady at its January meeting following three consecutive rate cuts amid uncertainty over inflation and economic conditions.
Even though it is referred to as the central bank of the United States, the Federal Reserve System, or Fed, actually consists of 12 districts, each with its own reserve bank. Each Federal Reserve ...
What is the Federal Reserve — and why does it meet? The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s ...
U.S. stocks slipped after the Federal Reserve held its main interest rate steady and broke a run of cuts that began in September
Robert Kelly is managing director of XTS Energy LLC, and has more than three decades of experience as a business executive. He is a professor of economics and has raised more than $4.5 billion in ...
The latest inflation figures arrive as President Donald Trump has threatened to impose big import taxes on goods from Canada and Mexico.
Tax Cuts and Jobs Act was a major tax code overhaul that cut taxes for individuals and businesses. Many of its reforms expire in 2025.
Trump said Powell and the Fed "failed to stop the problem they created with inflation" in a post on Truth Social on Wednesday.
The European Central Bank cut rates on Thursday, the Bank of Canada on Wednesday, and the Bank of England is likely to do so next week.
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect for interest rates this year.