Federal Reserve, interest rate cut
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Federal Reserve Bank of Minneapolis President Neel Kashkari on Friday said job market risks warranted this week's rate cut and likely reductions at the central bank's next two meetings, and downplayed
In his first comments since joining the Federal Reserve Board, Stephen Miran sought to emphasize his independence from the White House.
Stephen Miran, a new U.S. Federal Reserve Governor, defends his independent stance after advocating for significant rate cuts. Despite differing from Fed's consensus, Miran emphasizes his decision is based on data analysis and not influenced by President Trump.
Federal Reserve board members would not be able to hold dual positions appointed by the president if U.S. Sen. Ruben Gallego’s new bill becomes law. Gallego, D-Arizona, this week introduced the Fed Integrity and Independent Act,
The U.S. Federal Reserve has delivered its first rate cut since December, diverging from most other major central banks that have kept interest rates unchanged.
The Federal Reserve's two-day policy-setting meeting begins Tuesday. Policy committee members may be divided on their decision and forecasts.
President Donald Trump’s bid to fire Lisa Cook from the Federal Reserve is now at the Supreme Court. It’s the latest legal test of Trump’s power in his second term, and it carries great practical implications for the economy.
Federal Reserve Chair Jerome Powell on Wednesday explained why the three missions Congress imposed on the central bank add up to two in real-world conditions.