Donald Trump’s offensive against diversity, equity and inclusion programs is putting the US central bank in an uncomfortable squeeze. And so far, the Federal Reserve and its chair, Jerome Powell, ...
Fresh tariffs amid high inflation are making the Fed’s job uniquely difficult and feeding uncertainty about what to expect ...
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Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth ...
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
The first central bank meetings of 2025 suggest it will be a year in which policymakers go their own way as economic paths ...
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.
U.S. Customs and Border Protection officials seized millions of dollars in knock-off jewelry items and advised American consumers as Valentines Day nears to be leery of fake products.
The average interest rate on new cars fell to 6.8% in the fourth quarter of 2024 - when the Fed first started cutting rates - from 7.4% a year earlier, according to data from the car-buying site ...
With healthy hiring and some progress on inflation, Fed official have said that the pace of rate cuts will slow this year.