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President Donald Trump ’s visit to the Federal Reserve on July 24 marks the latest turn in his increasingly vitriolic campaign to pressure Fed Chair Jerome Powell into cutting interest rates or ...

U.S. Federal Reserve Chair Jerome Powell is a "numbskull" who has kept interest rates too high, but he will be out in eight months, President Donald Trump said at a news conference on Tuesday.

The Fed's budget shows the project's current estimated cost at $2.46 billion up from $1.88 billion in 2024, a difference of about $580 million.

A top official at the Federal Reserve on Thursday reiterated his call for an interest rate cut later this month, despite data showing ongoing resilience in the US economy and other central bankers ...

A chorus of Fed officials in the past week cautioned that a new round of tariffs, and the inflation they may ignite, make it too risky to resume rate cuts in July. Fed governor Christopher Waller ...

Meanwhile, the odds of a cut coming at the next Fed meeting stand at less than 5%. Put another way, the market gives a 95% chance to the Fed standing pat when it meets in late July.

Although Trump thinks Powell is “the Worst Federal Reserve Chairman in History,” the Fed chair and his colleagues probably are listening to the president’s arguments in favor of a lower rate.

President Donald Trump says he's found a way to achieve his goal of removing Federal Reserve Chair Jerome Powell, accusing him of mismanaging the U.S. central bank’s $2.5 billion renovation project.

The Fed’s credibility — its perceived willingness to make hard decisions based on data and nonpartisan analysis — is an important national asset. It is hard to acquire and easy to lose.

Former Federal Reserve governor Kevin Warsh, who is considered to be on the short list of President Donald Trump’s picks to replace Fed Chairman Jerome Powell, called for “regime change” at ...