Fed Stands Pat, Entering New Wait-and-See Phase; ECB Rate Decision in Focus By Vicky Ge Huang After cutting interest rates by a cumulative percentage point in the last three meetings of 2024, the ...

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.

Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...

Outside of a U.S. President bending norms, the Fed also faces challenges in achieving its economic objectives. Inflation ...

(Reuters) - Credit data likely to be considered at a two-day Federal Reserve policy meeting that begins on Tuesday may show ...

The Department of Justice says it will "vigorously defend" Donald Trump's executive order ending birthright citizenship, ...

President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.

The U.S. labor market remains healthy and the Federal Reserve can take a gradual and patient approach to future rate cuts, Boston Fed President Susan Collins said Thursday. “My concerns about ...

Journal Editorial Report: The week's best and worst from Kim Strassel, Allysia Finley and Dan Henninger. Photo: Jose Luis Magana/Associated Press/Rich Pedroncelli ...

The Federal Reserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federal Board of Governors appointed by the ...

Federal Reserve Governor Christopher Waller doubled down on more rate cuts and cooling inflation following higher price projections from the central bank and growing expectations among investors ...

The Federal Reserve sets the federal funds target rate, also known as the fed funds rate, which is the interest rate at which commercial banks lend to each other overnight. Below, CNBC Select ...