The president said he has “no intention” of ousting Jerome H. Powell, the Fed chair, but the administration’s willingness to challenge norms regarding the central bank’s political ...

NEW YORK, April 23 (Reuters) - Conditions still support ongoing reductions in the Federal Reserve's balance sheet, Cleveland Fed President Beth Hammack said on Wednesday, as she also noted that ...

Airing his grievances over the weekend on Truth Social, the president complained that interest rates have not been lowered recently and accused the Fed, led by Powell, of lowering interest rates ...

President Trump is openly mulling the termination of Fed Chair Jerome Powell, who won't give Trump the interest rate cuts he wants. If Trump really wants lower rates, however, the best person to ...

Trump’s demand that the Fed lower interest rates could undermine investors’ confidence in the next Fed chair, economists and former U.S. policymakers say. Investors could question whether ...

Mr Trump’s ultimate desire is not in doubt. The Fed has cut rates by only a percentage point since September, to 4.25-4.5%. Mr Trump has always disliked tight money, and covets the lower rates ...

Previously, the Fed had held its key rate at a historic 23-year high for 14 months. Now, another Fed meeting is coming, with the central bank's rate-setting committee scheduled to announce its ...

Trump told reporters in the Oval Office Tuesday evening that he has "no intention of firing" Powell and reiterated that he thinks the Fed should lower interest rates. "We think that it's a perfect ...

President Trump spoke in the Oval Office days after he sharply criticized Fed Chair Jerome Powell. Photo: Alex Brandon/Associated Press WASHINGTON—President Trump said he is not planning to fire ...

In just a few weeks, a lot has happened. President Donald Trump issued sweeping new tariff rates that caught most investors off guard, sending stocks plunging at one of the fastest rates in history.

The Federal Reserve on Wednesday released its latest edition of the Beige Book, which summarizes economic conditions in each of the Fed's 12 regional districts and is published eight times a year.