The Federal Reserve kept interest rates steady at 4.25% to 4.5%, despite US president Trump's call for deeper cuts. Trump has ...

As the Federal Reserve's overnight reverse repurchase agreement program nears zero, pressure could mount on the central bank ...

The Federal Reserve can continue cutting interest rates at least "over the medium term," Fed Vice Chair Philip Jefferson said ...

President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal ...

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

Even after 100 basis points of rate cuts in the latter part of 2024, Jefferson told students at Swarthmore College that Fed policy remains restrictive and is exerting downward pressure on inflation.

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.

The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few ...

A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.

Jefferson echoed recent statements from other officials that it’s in the Fed’s best interest to move slowly as it evaluates ...

Chairman Powell is committed to a balanced strategy, resisting calls for rapid interest rate cuts to prevent inflation from surging again. The Federal Open Market Committee of the Federal Reserve ...