A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
Central banks should be apolitical, not unaccountable. Monetary technocrats should serve the People.
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
Trump, who frequently criticized Powell and the Fed during his first term, again is testing those limits, saying last week ...
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay ...
Federal Reserve Chair Jerome Powell reaffirmed the central banks independence on Wednesday, emphasizing that politics will ...
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.
Owing to uncertainties surrounding Trumps policies, the US Federal Reserve paused interest rates at 4-1/4 to 4-1/2 percent on ...
In assessing the appropriate stance of monetary policy, the Committee will continue to monitor the implications of incoming information for the economic outlook. The Committee would be prepared to ...
Recent indicators suggest that economic activity has continued to expand at a solid pace. The unemployment rate has ...