News

Bessent: The Trump administration should look into the Fed’s ‘many mistakes’
Treasury Secretary Scott Bessent said Monday he believes the Federal Reserve system should be reviewed for potentially holding back the US economy, which is “on the cusp” of growth that could equal ...
Trump's Fed attacks puncture veneer of central bank independence
If U.S. President Donald Trump's public attacks on Federal Reserve Chair Jerome Powell have achieved one thing, it has been ...
Top Fed Official Backs July Rate Cut as Trump Ramps Up Pressure
Christopher Waller, a potential contender to be the next chair of the central bank, said the Federal Reserve should not wait ...
A top Fed official, considered a candidate to replace Powell, keeps calling for a rate cut this month
A top official at the Federal Reserve on Thursday reiterated his call for an interest rate cut later this month, despite data ...
Trump’s attacks on Powell threaten the Fed’s independence. Here’s why it matters
President Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell: He says ...
Fed Officials Say More Needs to Be Done on Financial Inclusion
Michelle Bowman, the US Federal Reserve’s top bank cop, encouraged the financial industry to consider more innovation as one ...
What to expect as Harvard takes on the Trump administration in federal court
Harvard University will be back in court Monday for a major hearing in its funding fight case against the Trump ...
Fed official reveals why America's economy remains 'really healthy' despite holding off on rate cuts
Bank of Cleveland President Beth Hammack said that she does not see an immediate reason to cut interest rates and that the ...
Fed Official Calls For Rate Cut Amid Ongoing Pressure From Trump
Federal Reserve Gov. Christopher Waller on Thursday called for the central bank to cut interest rates in July.
Most Fed officials see rate cuts coming, but opinions vary widely on how many, minutes show
Federal Reserve officials diverged at their June meeting about how aggressively they would be willing to cut interest rates.