Sweeping changes coming to the Fed
Big changes could be coming to the world’s most powerful central bank, the Federal Reserve.
Federal Reserve
Trump and Powell bicker over Fed building renovations as president ratchets up pressure campaign
After months of criticizing Federal Reserve Chair Jerome Powell, President Donald Trump took the fight to the Fed’s front door on Thursday, publicly scorning the central bank chief over the ballooning costs of a long-planned building project.
Trump suggests he can remove Fed Chair Powell, saying he’s ‘not happy’ with him over interest rates
President Donald Trump attacked Federal Reserve Chair Jerome Powell on Thursday for not cutting interest rates and said he could fire him if he wanted to, renewing a threat from his first term that could cause a major legal showdown over the issue of the central bank’s longstanding political independence.
Powell says Federal Reserve can wait on any interest rate moves
The Federal Reserve can stay patient and wait to see how tariffs and other economic policies of the Trump administration play out before making any changes to interest rates, Chair Jerome Powell said Wednesday.
Federal Reserve chief says Trump tariffs likely to raise inflation and slow US economic growth
The Trump administration’s expansive new tariffs will likely lead to higher inflation and slower growth for the U.S. economy, Federal Reserve Chair Jerome Powell said Friday.
Fed cuts rates, mortgage rates stay high
The cost to borrow money has gone down slightly after the Federal Reserve approved to lower interest rates by a quarter point last week.
Federal Reserve sees some progress on inflation but envisions just one rate cut this year
Federal Reserve officials said Wednesday that inflation has fallen further toward their target level in recent months but signaled that they expect to cut their benchmark interest rate just once this year.
Americans earned more in interest in 2023
The Federal Reserve did not cut interest rates at its Wednesday meeting.
Fed chair says there’s no rush to cut interest rate
The Federal Reserve is in no rush to cut interest rates.
Federal Reserve chooses to keep interest rates steady
For the fourth time the Federal Reserve is holding interest rates steady.
