The minutes reveal more closely the behind closed doors thinking between the U.S.’ top policymakers with the Fed under ...

Even if Trump fails to remove Powell, he may still try to undermine the Fed chairman by announcing his replacement soon — way ...

The U.S. Federal Reserve's independence is threatened by political interference, especially highlighted by President Trump's ...

Trump sent Fed Chair Powell a handwritten note demanding lower interest rates to reduce government borrowing costs. Experts ...

President Trump seemed willing to allow Jerome Powell to complete his term as chair of the Federal Reserve — at least for now ...

Fed’s Hammack has affirmed her support for a wait-and-see approach to a Fed rate cut, further quenching hopes of a July cut.

The latest round of tariff threats from President Trump could spark fresh concerns about inflation, which might force the ...

Inflation has been cooling; by the Fed's targeted measure of the yearly gain in the Personal Consumption Expenditures price index, inflation was 2.1% in April, just a hair above the Fed's 2% target.

In “waiting game” since January, the FOMC decided to leave rates in the 4.25% to 4.5% range AI Summary The Federal Reserve held benchmark rates steady in the range of 4.25% to 4.5% following ...

Prices rose faster in May than forecasters had anticipated, and consumers unexpectedly lost income and pulled back on spending.

How successfully Trump is able to implement plans for mass deportations, which could be a major hit to the U.S. labor supply, also remains an open question with inflation concerns for economists.

Currently, the benchmark federal funds rate controlled by the central bank sits between 4.25% and 4.50%. A double cut of 25 basis points would bring the range down to 3.75% and 4%.