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The central bank remains cautious, even as calls for rate cuts grow louder from the White House and other policymakers.
The White House is criticizing an expensive renovation at Federal Reserve headquarters as President Donald Trump pursues a ...
The average rate on 30-year fixed home loans increased to 6.72% for the week ending July 10, up from 6.67% last week.
Key Takeaways Federal Reserve policymakers are split on whether to cut interest rates in July, minutes of the Federal Open Market Committee's June meeting showed."A couple" members of the 12-vote ...
The Trump administration is unlikely to follow the most important parts of this advice. But the math is undeniable.
The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.
Fed Chair Jerome Powell has sketched out new conditions that could trigger rate cuts by summer’s end, but inflation remains a ...
Federal Reserve Chair Jerome Powell said the central bank would have likely already moved to lower borrowing costs if it ...
Trump hopes to get lower rates by replacing Fed Chair Jerome Powell with someone who would do what the president wants. But ...
Donald Trump has been demanding that the Federal Reserve cut interest rates. Jerome Powell finally said why they haven’t.
U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...
High interest rates hurt Long Island’s housing, job market and growth. Martin Cantor argues it’s time for the Fed to cut rates to aid economic recovery.