News

A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of ...
Consumer prices increased by the most in five months in June, with solid rises in the costs of tariff-exposed goods like ...
Trump sent Fed Chair Powell a handwritten note demanding lower interest rates to reduce government borrowing costs. Experts argue dramatic rate cuts could compromise Fed independence and reignite ...
The U.S. Federal Reserve's independence is threatened by political interference, especially highlighted by President Trump's ...
Consumers think prices will remain relatively steady over the next year but fear long-term increases, surveys show.
Federal Reserve Chair Jerome Powell and his colleagues will step into the central bank’s board room on Tuesday to deliberate ...
US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...
Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve after getting caught in the ...
The Fed’s decision on interest rates affects many types of consumer borrowing costs, from credit cards and mortgages to auto ...
Longer-term interest rates do not always decrease when the Fed cuts short-term rates. Following the Fed's cuts last year, ...
Amid all the mounting political pressure on the Federal Reserve to resume cutting interest rates, Chair Jay Powell is already ...
Colombia's central bank will cut its benchmark interest rate next week, a Reuters poll suggested on Friday, although analysts ...