Powell is set to testify before the Senate Banking Committee on Tuesday at 10 a.m. Eastern and to the House Financial ...
A key measure of excess liquidity in the financial system is evaporating rapidly. Once it disappears, further reduction of ...
Federal Reserve Chairman Jerome Powell mentioned the labor market 25 times during his press conference last week. Over and over, he called the labor market "solid" and "good." This week, economist Tim ...
Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got ...
Treasury Secretary Scott Bessent said Thursday he wouldn’t be commenting on the Federal Reserve’s interest rate policies and expressed confidence in the central bank Chair Jerome Powell, ...
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...
The Federal Reserve kept interest rates steady at 4.25% to 4.5%, despite US president Trump's call for deeper cuts. Trump has ...
The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
Just over a week after Donald Trump’s return to the White House, Federal Reserve officials are gathering in Washington to ...
Centrally-coordinated economic planning, especially central banking, has been detrimental to liberty, freedom, and the ...
Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...
Powell made clear that Fed policymakers are in no rush to reduce interest rates further, after lowering borrowing costs by a ...