At least for now. Trump, who appointed Powell as Fed chair, weighed firing him in a disagreement over interest rates in 2018.
Several Federal Reserve officials Wednesday reiterated their deep uncertainty over how far the central bank will need to ...
Federal Reserve Chair Jerome Powell will headline a busy week of central-bank officials’ public remarks on Thursday.
Schmid said the Fed's decision last week to cut interest rates by 25 basis points reflected their confidence that both the ...
Over the last couple of years, interest rates have fluctuated quite a bit. After plummeting to record lows in 2020, they made ...
Inflation increased to 2.6% in October, rising modestly from the previous month, according to the Consumer Price Index (CPI) ...
Mortgage rates, while still elevated, have fallen into the 6% to 7% range and should continue easing at a slow pace. But the ...
When the Federal Reserve lowered its benchmark interest rate by half a percentage point in September, it wasn't a ...
Rising US debt and economic headwinds suggest that further rate cuts may not effectively lower Treasury rates or other loan ...
Kansas City Fed President Jeffrey Schmid, speaking at the same conference, said "it remains to be seen how much further ...
The possibility that U.S. interest rates will need to remain more elevated than they would otherwise be is a key reason the dollar should keep strengthening, according to one strategist. Federal Reser ...