News

Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...
Jerome Powell defends $2.5 billion Federal Reserve renovation project amid criticism from the Trump administration
Federal Reserve Chair Jerome Powell defended the bank's $2.5 billion headquarters renovation budget amid feud with Trump over ...
Evidence That The Banking System Is In Strong Shape
The U.S. banking system is healthy, providing a strong foundation for the overall economy amid current uncertainties. Read ...
What’s holding up interest rate cuts by the Federal Reserve?
Right now, inflation is still hovering just above the Federal Reserve’s target and data is mixed. That’s why Fed Chair Jerome ...
Federal Reserve's Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...
A Federal Reserve Member Math Problem
While that would set a tone at the board of governors, whose seven members are permanent members of the Federal Open Market ...
Federal Reserve says building renovation complies with law, defends costs
Federal Reserve Chair Jerome Powell on Thursday said the agency’s renovation of its office complex in Washington complies ...
A well-run economy needs an independent Federal Reserve, says former reserve bank head
Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent and that fiscal politics should not interfere with monetary policy makers ...
Searching for pennies: With the cut in federal funding public broadcasters are looking to cope
Lauren Adams, general manager for KUCB public radio in Unalaska, Alaska, didn’t have much time to reflect on Congress, 4,000 ...
Why a 'cleaving' Federal Open Market Committee could get expensive
Divide and conquer? It could get expensive. A "cleaving" of the Federal Open Market Committee appears to be emerging as President Donald Trump ratchets up his pressure campaign on the Federal Reserve ...
With Trump threatening Powell, what's at stake with an independent federal reserve?
“It’s by now widely agreed, almost all over the world: If you leave monetary policy in political hands, you’ll get too much inflation,” Alan Blinder, a professor of economics at Princeton University ...