Trump, Fed and Kevin Hassett
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Current above-target inflation does not reflect underlying supply and demand dynamics that are generating price increases much closer to the central bank's 2% target, Federal Reserve Governor Stephen Miran said on Monday,
The Federal Reserve’s next moves on the size of its balance sheet could matter for banks as much or more than its rate decisions, says Heard on the Street columnist Telis Demos. The Fed sai
If the Fed holds interest rates steady as a means of protecting against inflation, it risks a deeper slowdown of the labor market. On the other hand, by lowering rates to stimulate hiring, the Fed threatens to boost spending and worsen inflation.
The court has cited what it calls unique qualities that distinguish the Federal Reserve from other agencies and leave it independent of direct presidential control.
With the Fed’s third rate cut this year, refinancing your mortgage at a 0.50% lower rate can save you over $40,000. Here are the best lenders to choose from.
Three members of the Federal Reserve's policy committee discussed interest rates on Friday, and fittingly, given the divisions on the committee, had three different views on where it should go.
New York Federal Reserve President John Williams said on Monday the U.S. central bank's interest rate cut last week leaves it in a good position to deal with what lies ahead, adding that he sees inflation moderating amid cooling in the job market.
After the Federal Reserve voted to cut interest rates by 25 basis points at its December FOMC meeting on Wednesday, Fed Chair Jerome Powell signaled a rate pause to come in 2026 as officials digest incoming economic data.
Bitcoin traders wondering what the digital currency’s price will do next should closely monitor policy developments, according to several analysts.
U.S. President Donald Trump said on Friday he has narrowed his search for a new Federal Reserve chair to two people and he should at least be consulted on decisions about interest rates, in what would be an unusual development.
Policymakers who will vote on rates next year remain divided on the path forward.