News

Fed holds rates steady as it notes rising uncertainty and stagflation risk
The Federal Reserve on Wednesday held its key interest rate unchanged as it awaits fluctuations in trade policy and the ...
Federal Reserve blows $2.5B on ‘Palace of Versailles’ HQ despite mounting losses: ‘Congress must put its foot down’
The Federal Reserve is pushing ahead with an eye-watering $2.5 billion revamp of its Washington, DC HQ despite mounting ...
Fed meeting recap: Powell rules out a preemptive rate cut to blunt any tariff impact
The central bank is expected to hold steady on rates, keeping them at a range of 4.25% to 4.5%. What Fed Chair Jerome Powell says at his presser will be key.
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He’s a fool – Trump knocks US Fed chair for pausing rate cuts
US President Donald Trump branded Fed Chair Jerome Powell a "fool" on Thursday after the central bank announced another pause ...
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Elon Musk to cut Federal Reserve’s spending after $2.5B design bill surfaces
Elon Musk said Wednesday he’s considering sending his federal efficiency unit to investigate the Federal Reserve after ...
Let’s stick with an independent Federal Reserve Bank | Opinion
Placing long-run oriented monetary policy under the direction of politically driven administrations would not bode well for ...
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Federal Reserve Bank of Philadelphia names Anna Paulson as president
WASHINGTON (AP) — The Federal Reserve Bank of Philadelphia has chosen Anna Paulson, a top official at the Chicago Fed, to serve as its next president. Paulson, 60, will replace Patrick Harker ...