With the latest Consumer Price Index (CPI) data indicating that inflation remains historically elevated, the Federal Reserve got exactly the signal it was looking for to continue justifying a policy ...

It is a bid to control energy prices that have spiked after the United States and allies imposed steep sanctions on Russia over its invasion of Ukraine. President Joe Biden in the East Room of the ...

President Trump continued his verbal attacks against Fed Chair Jerome Powell Friday. He wants the board of governors to strip Powell of his power because Powell refuses to lower interest rates despite ...

The Federal Reserve has been under intense pressure from President Donald Trump as he pushes for more control over the historically independent agency. The Fed is tasked with keeping inflation and ...

President Donald Trump is weighing a plan to expand the White House’s sway inside the Federal Reserve by targeting how its 12 regional bank presidents are picked and reappointed, according to a report ...