President Donald Trump says that tame inflation means the Federal Reserve should already be reducing its policy rate, but inside the U.S. central bank the idea has little traction, with only two Fed ...

White House officials have raised the heat on Powell to lower rates. Now he’s faced with two key Fed officials who have said ...

William Pulte, FHFA director and chairman of Fannie Mae and Freddie Mac, released a statement Tuesday accusing Powell of ...

Trump is urging the Fed to cut rates to save the U.S. government money on its interest payments affixed to the vast national ...

Cheaper mandarins, discounts on new homes and easing rental pressures have brought down key measures of inflation.

President Trump claimed he would do a “much better job” running the Federal Reserve than “stupid” Jerome Powell – as policymakers once again failed to cut interest rates on Wednesday.

Senate Republicans have moved to cut the funding of the Consumer Financial Protection Bureau by roughly half, as part of ...

So far, inflation has cooled this year to just 2.1% in April, essentially back at the central bank’s target of 2%. Core inflation, which excludes the volatile food and energy categories, remains ...

Fed Gov. Christopher Waller said he thinks the central bank should cut rates next month. Trump has demanded lower borrowing costs in 2025.