Trump has narrowed his choice for the next Fed chair to Kevin Warsh and Kevin Hassett, boosting Warsh’s chances.
A Q&A with CNN’s Matt Egan, a senior reporter covering business and the economy, about who Trump might pick for Fed chair and how Wall Street might react.
The Federal Reserve Board of Governors unanimously voted to reappoint 11 of the 12 regional bank presidents to five-year terms.
Top officials at the Federal Reserve are sharply divided over where interest rates should go next, with several policymakers speaking out Friday ...
President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist ...
The Fed has cut interest rates for the third time in a row at December's meeting. Fed members were the most divided they've ...
The U.S. Federal Reserve lowered its benchmark interest rate by 25 basis points on Wednesday, setting the federal funds ...
The latest reading of policymakers’ preferred inflation gauge is still coming in well above officials’ 2% target at 2.8%.
Donald Trump criticised the Federal Reserve’s 25 bps rate cut as too small, urging deeper reductions. Powell signalled ...
Fed Chair Jerome Powell, speaking at a press conference after the December FOMC meeting, said the central bank is holding ...
A Federal Reserve split over where its priorities should lie cut its key interest rate Wednesday in a 9-3 vote, but signaled ...
The Federal Reserve concluded its last meeting of the year with a widely anticipated 25 basis point cut to the federal funds ...
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