Trump has criticized Powell for months because the chair has kept the short-term interest rate the Fed controls at 4.3% this year, after cutting it three times last year. Powell says the Fed wants to ...

Speaker Mike Johnson was warned on Friday that his desire to see the Federal Reserve cut interest rates in what he called a "hot" economy would likely lead to an even hotter one marked by inflation.

In their first communique since last October, a month before US President Donald Trump's election victory paved the way for ...