The central bank’s governors vow to re-elect Jerome Powell chairman even if the president fires him.
Many economists still expect another quarter-point cut ahead in December. But expect more debate on the Fed's path in 2025.
Despite that increase, credit card delinquency rates improved — with 8.8% of balances transitioning to delinquency over the ...
The Federal Reserve will announce its next interest rate move on Thursday in the wake of the U.S. election, with markets ...
The Fed has undertaken four rate-cutting cycle since 2000 ... in the benchmark S&P 500 since the start of the Great ...
Given the uncertainty in the outlook, it is best for the Federal Reserve to "proceed with caution," said Dallas Fed President Lorie Logan, on Wednesday. The Fed is looking at two opposing risks, Logan ...
Dismissing Jerome Powell would be a serious breach of long-standing norms of central bank independence. That doesn’t mean we ...
Markets also found some comfort in Powell's insistence that he wouldn't cave to pressure to resign if Trump decides that he wants him gone. "It's interesting — I think Powell has been pretty ...
The Federal Reserve cut interest rates by a quarter point following its November meeting. That was widely expected and came as no surprise. The bigger story was Fed Chair Jerome Powell's attempt ...
The Fed should target nominal gross domestic product, Patrick Horan and David Beckworth write in a guest commentary.
WASHINGTON (AP) — The Federal Reserve cut its key interest rate Thursday by a quarter-point in response to the steady decline in the once-high inflation that had angered Americans and helped ...
Researchers found that less sugar in childhood — and in the womb — is linked to decreased risks of diabetes and high blood ...