The Fed's $2.5 billion headquarters renovation is attracting mounting criticism from the Trump administration, which had been ...

President Donald Trump has repeatedly called on Federal Reserve Chairman Jerome Powell to slash interest rates.

Fed Chair Powell faces resignation rumors amid White House accusations he misled Congress about the US Fed's $2.5 billion HQ ...

“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up pressure on individual Fed officials, such as Governor Chris Waller, who have ...

The Fed also forecasted two quarter-point interest-rate cuts over the remainder of 2025, carrying over a prediction issued in March. Two additional quarter-point cuts will be made in 2026, as well as ...

WASHINGTON — Federal Reserve Chair Jerome Powell told Congress the central bank remains firmly in wait-and-see mode for adjusting monetary policy. In prepared testimony in front of the House Financial ...

WASHINGTON — The Federal Reserve will continue to wait and see how the economy evolves before deciding whether to reduce its key interest rate, Chair Jerome Powell said Tuesday, a stance ...

The Federal Reserve said all major banks passed this year’s stress tests, showing they can withstand a hypothetical severe economic downturn ...