Yet precisely because Shelton revealed a streak of independent thought, her nomination was met with all sorts of criticism.

On Monday, before the election, interest-rate futures reflected a 55% chance that the Fed’s benchmark rate would be below 3.75% a year from now, according to CME FedWatch. That probability had ...

The Fed now sees inflation remaining somewhat higher, with the federal funds rate now projected to end 2025 at 3.9%. That is a half point higher than the central bank forecast in September and the ...

JACKSON HOLE, Wyoming, Aug 26 (Reuters) - In 2022, when the Federal Reserve's focus shifted to combating inflation, it had to ratchet up interest rates fast to get monetary policy caught up with ...

Now back in office, Mr. Trump has again begun berating Mr. Powell and the Fed, urging them to lower borrowing costs. But the economic circumstances today are drastically different from those of ...