The executive order is particularly challenging for the central bank because its insulation from short-term politics helps give it credibility in financial markets.

A new congressional task force focused on the Federal Reserve, set up by the head of a powerful committee who is critical of the U.S. central bank's approach to setting monetary policy, has penciled ...

T he Federal Reserve has warned that President Trump’s proposed tariffs could lead to higher prices for American consumers.

Billionaire Elon Musk once again suggested that the Federal Reserve should undergo closer scrutiny, saying Thursday at a ...

Federal Reserve Vice Chair for Supervision Michael Barr urged the Trump administration to continue reforms initiated under ...

President Trump is plowing ahead with his tariff plans and threats, while still pushing for a cut to interest rates.

At the meeting, Fed officials expressed concerns that tariffs and other Trump policies could slow progress on getting inflation back to their 2% target. The central bank is having a tough time gauging ...

American shoppers may face higher prices if US President Donald Trump goes ahead with some of his proposed tariffs, the US ...

Federal Reserve officials at a meeting last month pointed to rising risks that inflation could worsen, a key reason they kept ...

The Fed took a hit to its independence with a new Trump executive order that seeks to rein in the autonomy of independent ...

Federal agencies need to speak with one voice when it comes to allowing legitimate crypto businesses full access to financial ...

Federal Reserve Chair Jerome Powell testifies before the Senate Banking Committee in the Hart Senate Office Building on Capitol Hill on Feb. 11, 2025 in Washington, DC.