For more than 70 years, presidents have tried to sway the Federal Reserve to keep interest rates low. Only Richard M. Nixon succeeded, quietly pressuring the central bank for low rates ...

The Federal Reserve policy committee's next meeting is May 6 and May 7. Savers will still find relatively high interest rates, but they've fallen from 2024. A war of words over inflation and ...

And that's true even after President Donald Trump turned to his trademark name-calling by dubbing the Federal Reserve chairman a "major loser." But we are living in a time when such sentiments can ...

Fed policy makers who meet next week to discuss the trajectory of interest rates will have to weigh the results of those reports with the expectation that tariffs could cause consumer prices to rise.

The Fed is an independent government agency established by Congress. President Donald Trump on Thursday sharply criticized Federal Reserve Chair Jerome Powell, urging the central bank to lower ...

The Federal Reserve's preferred inflation gauge showed that price growth slowed in March, with inflation trending closer to the central bank's target rate. The Commerce Department on Wednesday ...

Inflation slowed down in March, going by the Federal Reserve's preferred gauge, showing that price pressures were easing before President Trump's steep new tariffs landed earlier this month.

These days, experts and analysts hang on every signal from Federal Reserve Chair Jerome Powell, right down to the color of his necktie. In response to a question about his chosen apparel on ...

Scott Applewhite/Associated Press President Trump’s criticism of Chairman Jerome Powell is dominating commentary on the Federal Reserve, but there is a larger debate that is much needed in these ...

A rate cut at either the Federal Reserve’s May or June meeting seems more unlikely Thursday after the most prominent dovish member of the U.S. central bank suggested he was in no hurry to move.

President Donald Trump’s recent calls for the “termination" of Federal Reserve Chairman Jerome Powell have reignited fears about the future of U.S. monetary policy and the independence of the ...

American workers are lowering their expectations of the pay rate they want to take a new job, according to research by the Federal Reserve Bank of New York. The New York Fed's Survey of Consumer ...