At a two-day meeting that concludes Wednesday, the Fed is widely expected to hold its key interest rate steady despite President Donald Trump ’s monthslong campaign aimed at browbeating Fed ...

Two of the Fed’s Republican governors, Christopher Waller and Michelle Bowman, have backed Trump’s call for a rate cut as soon as this week's meeting and they could dissent, said JPMorgan ...

The Federal Reserve held interest rates steady Wednesday while warning about slowing economic growth, despite ongoing pressure from President Donald Trump to lower rates. The Fed kept its short ...

Powell, a bipartisan figure who was appointed to the Fed's board by former President Barack Obama and later promoted to the top job by Trump, voted to hold rates steady, as did three other ...

This week’s Fed meeting could produce something that hasn’t happened since 1993: more than one governor voting against the Fed chair. The groundwork was laid weeks ago. Welcome to monetary ...

The U.S. Federal Reserve's independence is under threat from mounting political interference, according to a clear majority of economists polled by Reuters, although no one expects a July interest ...

President Donald Trump, center, Sen. Tim Scott, R-S.C., left, and Federal Reserve Chairman Jerome Powell walk during a visit to the Federal Reserve, Thursday, July 24, 2025, in Washington. Julia ...

President Donald Trump rattled off a number to shame Federal Reserve Chair Jerome Powell about the renovation costs of the Fed's headquarters — and America's central banker dared to correct him ...

One of the Federal Reserve's five female regional bank presidents could replace U.S. central bank chief Jerome Powell, Treasury Secretary Scott Bessent said on Tuesday - an intriguing comment ...

In an attempt to make a case for central bank independence, Bernanke and Yellen looked back in time to 1972. They contend that “President Richard Nixon pressured the Fed chair Arthur Burns to ...

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.