Trump confirmed Treasury Secretary Scott Bessent declined the role, saying, “I want to work with you,” while market-watchers ...

Federal Reserve keeps interest rates high despite rise in unemployment and economic concerns. Decision unnecessarily ...

The probability of a Federal Reserve rate cut in September jumped dramatically following weak employment data, with market ...

For the moment, demand is adequate and unemployment is low. This makes the White House’s view — that tight money is ...

Interest rates for credit cards to mortgages have jumped since the Fed began fighting inflation in 2022. Here's where experts ...

The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...

As was widely expected, Fed policymakers on Wednesday left the central bank's overnight rate unchanged at a range of 4.25% to ...

This was the fifth consecutive meeting at which the Federal Open Markets Committee (FOMC) kept its benchmark Federal Funds ...

U.S. President Donald Trump on Friday urged the Federal Reserve board to assume control if Fed Chair Jerome Powell continues ...

The Federal Reserve left its key interest rate unchanged at 4.25% to 4.5% and offered no clues on whether it will resume its ...

On Wednesday, Trump seized on a report showing the economy expanded at a 3% annual rate in the second quarter as evidence ...

The chair acknowledged that if the Fed cut its rate too soon, inflation could move higher, and if it cut too late, then the ...