Most Federal Reserve officials will be resistant to supporting further cuts to interest rates this year without sustained progress on inflation.

Interest rates typically go up when a Fed chair steps down.

Federal Reserve Chair Jerome Powell has stood firm in the face of White House interference in monetary policy. When his term ...

The context for focusing on this is that Jerome Powell is approaching the end of his tenure as Fed chairman. His term ends on May 15, and before that Powell will preside over just two more ...

Notes from the meeting suggest the Fed's deliberations remain insulated from President Donald Trump's campaign to get the bank to lower interest rates.

Many Federal Reserve officials want to see inflation fall further before they would support additional interest rate cuts this year, particularly if the job market continues to stabilize, minutes of ...

Forecasters expect Friday’s report on gross domestic product to show the economy expanded 2.7% in 2025, a solid pace by any standard for a developed country. But employment barely grew, and the ...

The White House says the Federal Reserve underestimates productivity gains. Not so, says Fed Chair Jerome Powell.

Advances in AI are unlikely to push down interest rates in the short term, a key Federal Reserve official said Tuesday — a ...

Iran's economic meltdown, which around the new year triggered protests that threatened the regime's grasp on power, is getting worse . A harsh crackdown on the demonstrations and the threat of U.S.

The disturbing stakes and implications of the effort were partially obscured by the clumsy execution of U.S. Attorney Jeanine ...

Fed chair nominees Kevin Warsh has to convince his colleagues — some of whom are still concerned about inflation — that AI-driven productivity is enough for additional rate cuts.