The Federal Reserve should resist pressure from Trump and defend its independence, experts say
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
Fed Stands Pat on Rates, Entering New Wait-and-See Phase
Fed Chair Jerome Powell says, “We do not need to be in a hurry to adjust our policy stance.” ...
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How the Federal Reserve rate decision affects mortgage rates
The Federal Reserve, or “the Fed,” is the central bank of the U.S. and plays an outsized role in shaping the nation’s monetary policy. One of its key functions is setting interest rates.
Trump blasts Fed for not cutting interest rates
President Donald Trump blasted the Federal Reserve and Chair Jerome Powell on social media Wednesday for pausing rates cuts against the president's wishes.