The Federal Reserve’s preferred inflation gauge moved even higher in December, driven largely by rising energy prices as well ...
Thursday's coverage included more tech earnings, focus on Trump's latest on potential tariffs and more analysis around Monday ...
WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy ...
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
The Federal Reserve is expected to pause rate cuts at its January 29 meeting, maintaining rates between 4.25% and 4.5%.
Borrowers hoping for more financial relief from the Federal Reserve may have a wait on their hands, as the central bank is ...
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
He cited inflation running above the Fed's 2% target, the expanding economy and a "solid" U.S. labor market. Before cutting rates again, the central bank may need to see "a couple months of some ...
Florida Attorney General Ashley Moody, who is slated to become a U.S. senator, is calling for an audit of the Federal Reserve, pledging to vocally oppose government spending, and declaring that ...
WASHINGTON (AP) — The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how regulation of the financial system could help combat climate ...
Federal Reserve Chairman Jerome Powell will likely serve the remainder of his term under the Trump administration through May 2026. AFP via Getty Images The plaintiffs allege that the Fed has been ...