News

Trump calls on Federal Reserve board to wrest full control of central bank from Fed Chair Powell
President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
Weakening US jobs market hits center of Fed rate policy debate
Surprisingly weak July hiring data released on Friday highlighted a fractious Federal Reserve debate over whether the central ...
Federal Reserve holds its benchmark rate steady at today's FOMC meeting
The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.
Sen. Rand Paul favors the prospect of abolishing the Federal Reserve
Republican Sen. Rand Paul indicated that he would support abolishing the Federal Reserve if the U.S. adopted a balanced ...
Fed's reticence on rate cuts forces market to rethink outlook
The Federal Reserve's decision to avoid signaling imminent rate cuts despite relentless political pressure underscores its ...
Ignoring Trump’s demands, Federal Reserve stands pat on interest rates
Federal Reserve holds steady on interest level but vote saw a pair of dissenting votes for the first time in decades ...
Federal Reserve holds key interest rate steady for fifth straight meeting despite Trump's pressure
The Fed left its benchmark interest rate unchanged following its July policy meeting amid uncertainty over the impact of ...
Federal Reserve holds rates again, but two voters dissent
The Federal Reserve kept its benchmark policy rate at 4.25%-4.50%, as widely expected, on Wednesday. But at this meeting two ...
Jerome Powell’s Federal Reserve holds rates steady despite immense pressure from Trump to cut, cut, cut
The Federal Reserve kept interest rates unchanged at between 4.25% and 4.5% following the most recent Federal Open Market ...