Fed guided by economic goals and the law, not politics, says Powell
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
Why you should open a long-term CD this February
Here are three reasons why savers should open a long-term CD this February: Interest rates are on pause. The Fed rate pause ...
Trump 2nd term live updates: Trump announces new FAA acting commissioner
President Donald Trump has begun his second administration with a series of controversial moves and decisions.
Fed’s Tariffs Response Hinges on Where Americans Think Prices Are Headed
A trade war that raises prices would be much more complicated for the central bank than it was during Trump’s first term.
Pressure on rupee to linger after Fed signals no hurry to cut rates
The Indian rupee is likely to stay on the defensive on Thursday, after the U.S. Federal Reserve expectedly kept interest ...
Fed's drops line on making progress on inflation
The Federal Reserve's typically bland public statement after it votes on U.S. interest rates dropped a line about making progress on lowering inflation. In December, the Fed said, "Inflation has made ...
The Federal Reserve is starting something new: Pausing
The Fed is expected to leave borrowing rates unchanged at the conclusion of its latest two-day policy meeting on Wednesday.
US central bankers resist pressure from Donald Trump to cut interest rates
Jay Powell 1, Donald Trump 0. The president did not get what he wanted from the US Federal Reserve chair yesterday. Jay Powell and his fellow central bank officials held interest rates steady, defying ...