US Fed prepares to pause in first rate decision since Trump's inauguration
Trump pressures Federal Reserve to lower interest rates
President Donald Trump on Thursday said he would press the Federal Reserve to lower interest rates “immediately,” rekindling a fight over the historically independent U.S. central bank.
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Federal Reserve rate cuts could create more harm than good
The Fed is unlikely to cut interest rates again when it meets next week, delaying any relief from high borrowing costs.
Many economists have felt relief over continued GDP growth. But ongoing data releases suggest that the foundation of the economy — consumer spending — isn’t sustainable.
The Federal Reserve said Friday that it is leaving an international grouping of central banks that focused on how the financial system could help combat climate change
Jerome H. Powell has been a member of the Board of Governors of the Federal Reserve System (FRB) since May 25, 2012, appointed by then-President Barack Obama to fill an unexpired term. He was reappointed by Obama and sworn in on June 16, 2014, for a term that expires on Jan. 31, 2028.
The Federal Reserve has scrubbed a "Diversity and Inclusion" section from its website, with previous links to a statement of the U.S. central bank's diversity standards and data on the racial, ethnic and gender makeup of its economists and researchers now defaulting to its home page.
President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be tasked with exploring a U.S. cryptocurrency stockpile.
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.
U.S. inflation likely worsened last month on the back of higher prices for gas, eggs, and used cars, a trend that could make it less likely that the Federal Reserve will cut its key interest rate much this year.
Economists and analysts aren’t convinced that an expansion of oil and gas production will lower consumer prices.
The Federal Reserve’s premature victory lap over inflation reveals a worrisome misunderstanding of the predicament we still find ourselves in. Unprecedented government spending and debt, combined with mounting fears that the debt can’t (or won’t) be repaid,
Trump's first week in office included executive orders, rule changes and pardons that pleased the crypto industry.
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