Sen. Cory Booker (D-NJ) introduced legislation to move control of the Marshals Service from the executive branch to the judicial branch amid President Trump's criticism of federal judges. Former U.S.

Interest rates for credit cards to mortgages jumped since the Fed began fighting inflation in 2022. Here's where experts ...

(Michael M. Santiago/Getty Images) Federal Reserve Chair Jerome Powell said the economy looks better now than it did when the central bank began cutting interest rates in September, which means ...

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 ...

In its statement announcing the cut, the Fed now projects just two interest rate cuts for 2025. It said the unemployment rate remains low, while the rate of inflation "remains somewhat elevated." ...

The Federal Reserve on Wednesday left its benchmark interest ... something that Powell stressed on Wednesday. "Now we have today's inflation reading, which is very much more positive," he said ...

In December, after the Federal Reserve signaled a more cautious approach to interest rates, the stock market had one of its worst days all year. The central bank is now expected to leave interest ...

The pause was the second in as many Fed meetings so far in 2025 after the bank issued three consecutive cuts in the final months of 2024. Now, cuts will be delayed at least until the Fed meets ...

WASHINGTON, April 3 (Reuters) - U.S. Federal Reserve officials who have said they ... On average, imports may now carry a tax as high as 27%, Citi economists estimated, with higher levies on ...