President Trump and Elon Musk have spent several weeks slashing federal jobs — often in defiance of legal limits — and there ...
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's inauguration.
Jerome Powell was quickly thrust into the partisan turmoil surrounding Trump's executive orders and the efforts of Elon Musk.
The Federal Reserve on Wednesday announced that it will leave interest rates unchanged amid uncertainty about inflation and economic conditions. The Fed's decision leaves the benchmark federal ...
The Federal Reserve is likely to hold interest rates steady ... Currently, the average credit card rate is more than 20%, according to Bankrate — near an all-time high. In the meantime ...
The change was slightly above analysts' expectations and is likely to bolster reluctance at the Fed to cut interest rates any further.
The Federal Reserve released hypothetical scenarios for its annual stress tests, which seek to evaluate the resilience of big banks and ensure they can keep lending even in a severe recession.
The Federal Reserve meets for its second two-day rate ... Producer Price Index News Release summary, U.S. Bureau of Labor and Statistics. Accessed February 13, 2025. Kelly Suzan Waggoner is ...
Federal Reserve Governor Christopher Waller said he’s supportive of stablecoins because they are likely to propagate the dollar’s status as a reserve currency, though they need a clear set of ...