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 ...

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 ...

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.

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 ...

Christopher J. Waller, a Fed governor who was appointed by Mr. Trump in his first term and is seen as a potential contender to be the next Fed chair, laid out the case on Thursday for a quarter ...

For the moment, our central forecast still sees the Fed remaining on hold throughout 2025. For 2026, we have changed our base case to feature one additional rate cut in the first half, which would ...

Treasury Secretary Scott Bessent on Monday called on the Federal Reserve to do an institution-wide review of whether it is achieving its mission, as the administration steps up pressure on Chair ...

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump made an unusual visit to the central bank, calling for a rate cut. Speaking at a press ...

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.

FED'S PREFERRED INFLATION GAUGE REMAINS ABOVE 2% TARGET Personal consumption expenditures (PCE) is an inflation gauge that measures the price of goods and services consumers buy. Core PCE, which ...