News

A vacancy on the Fed is opening early as Trump urges board to ‘assume control’ if Powell doesn’t cut rates

In the press conference following the Fed’s decision to keep rates unchanged, Powell hesitated to guide toward a rate in the ...

Fed Governor Kugler is resigning, giving Trump a nominee on committee that sets interest rates

Her resignation now paves the way for Trump to put his own nominee in for the Board of Governors. Two of his prior ...

Fed holds rates steady despite Trump's pressure, with two governors dissenting

The Federal Reserve held interest rates steady on Wednesday in a split decision that gave little indication of when borrowing ...

Trump Will Remake the Fed. Rates Are Just the Start

A bubbling movement to overhaul the Fed is ready to seize the moment. Big changes are in store for the central bank.

Trump Lobs All-Caps Insults At Jerome Powell For Refusing To Lower Interest Rates Once Again

President Donald Trump blasted Federal Reserve Chair Jerome Powell in a testy message Thursday morning after Powell refused ...

Trump promises lower interest rates. But he doesn't have that power

Former President Donald Trump promised to lower interest rates if reelected. But the Fed, which sets the key rate, operates ...