Fed guided by economic goals and the law, not politics, says Powell
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
Trump 2nd term live updates: Trump announces new FAA acting commissioner
President Donald Trump has begun his second administration with a series of controversial moves and decisions.
How Trump could radically reshape the Fed
The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
Fed’s Tariffs Response Hinges on Where Americans Think Prices Are Headed
A trade war that raises prices would be much more complicated for the central bank than it was during Trump’s first term.
Pressure on rupee to linger after Fed signals no hurry to cut rates
The Indian rupee is likely to stay on the defensive on Thursday, after the U.S. Federal Reserve expectedly kept interest ...
The Federal Reserve is starting something new: Pausing
The Fed is expected to leave borrowing rates unchanged at the conclusion of its latest two-day policy meeting on Wednesday.
US central bankers resist pressure from Donald Trump to cut interest rates
Jay Powell 1, Donald Trump 0. The president did not get what he wanted from the US Federal Reserve chair yesterday. Jay Powell and his fellow central bank officials held interest rates steady, defying ...
US stocks dip, dollar steady as traders digest Fed rate pause, tech earnings
U.S. equity indexes dipped and the dollar was firm on Wednesday after the Federal Reserve held interest rates steady and gave ...