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The Federal Reserve chair is one of 12 voters on the rate-setting committee. To what extent can the chair call the shots?
President Donald Trump renewed his calls on the Federal Reserve to lower its benchmark interest rate Friday, and this time, ...
At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, in contrast to two who said they were open to the idea of cutting the fed ...
The Federal Reserve said Wednesday it will maintain the benchmark interest rate at its current range of 4.25% to 4.5% ...
A second Federal Reserve official has indicated that the central bank should begin cutting rates as soon as next month — the ...
President Donald Trump says that tame inflation means the Federal Reserve should already be reducing its policy rate, but ...
The rate cut is about repairing the Fed’s damaged credibility. “Going big” with 50 basis points is a psychological gambit, to convey decisiveness and self-confidence.
Christopher J. Waller, who was appointed by President Trump, said the central bank should not wait for the labor market to ...
The Federal Reserve cut interest rates for the first time in four years, announcing a 50 basis point cut and policymakers forecasting additional cuts amid progress in slowing inflation.
When the Fed concludes its policy meeting on Thursday, most economists expect the Fed to trim its short-term benchmark fed funds rate by a quarter percentage point to between 4.50% to 4.75%.
The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest ...
Fed policymakers at their July meeting opted to hold the federal funds rate at 5.25% to 5.50% and indicated that inflation is nearing a level where they would be comfortable cutting rates.