Steady job growth and slightly elevated inflation rates indicate that the Fed will avoid rate cuts for now despite Trump’s demands.

U.S Treasury Secretary Scott Bessent joins 'Squawk on the Street' for a sweeping interview on President Trump's budget bill, ...

Anna Paulson will become president of the Federal Reserve Bank of Philadelphia on July 1. She replaces Pat Harker.

The Fed continues quantitative tightening, shrinking its securities portfolio by $2.1 trillion since March 2022, but excess ...

All the major banks passed the Federal Reserve's annual “stress tests" of the financial system, the central bank said Friday, ...

Two in three reserve managers fear Federal Reserve independence is at risk and nearly half think the rule of law in the ...

Federal Reserve Chief Jerome Powell said it is premature to lower interest rates, citing the potential impact of tariffs.

President Trump plans to name a successor to Jerome Powell, who ends his term as Fed chair in May 2026. Two contenders have ...

“The board just sits there and watches, so they are equally to blame,” Trump said. The attack on the board ratchets up ...