DOJ drops probe into Powell, Fed renovations
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President Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates. Yet Americans shouldn’t pencil in lower borrowing costs just yet.
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Fed set to hold rates as Warsh nomination vote looms
The Federal Reserve is expected to keep interest rates steady at 3.50%–3.75% during its April 28–29 meeting, as inflation pressures from higher energy costs persist. The decision coincides with a Senate committee vote on April 29 to advance Kevin Warsh ...
The Federal Reserve's April meeting, potentially Jerome Powell's last as chair, may impact many consumer borrowing and savings rates.
Fed officials are expected to keep the central bank's key interest rate steady as they wait and see how the Iran war affects inflation and the job market.
The Trump administration’s attacks on the Federal Reserve have rattled confidence in the central bank’s ability to operate independently before a leadership transition.
President Donald Trump has made it clear he expects his choice for Federal Reserve chair to quickly cut interest rates once he takes office
By Howard Schneider WASHINGTON, April 8 (Reuters) - A growing group of Federal Reserve policymakers felt last month that interest rate hikes might be needed to counter inflation that continued to exceed the central bank's 2% target,
Fed policymakers in March opted to keep benchmark interest rates steady in their current 3.50% to 3.75% range.