Economy News Fed Has Time To See What Trump Policies Mean For The Economy, Powell Says

Trump’s affordability argument just got the unlikeliest champion

They are still adjusting to high prices that surged during years of runaway inflation that took place during former President Joe Biden’s term. Read More

Fed may not give Trump his rate cuts, but has set out a positive view of the 2026 economy

The U.S. Federal Reserve may not give President Donald Trump all the rate cuts he wants, but the view of the economy policymakers included in new economic projections on Wednesday should buoy the ... Read More

Federal Reserve cuts key rate, sees healthier economy next year

The Federal Reserve reduced its key interest rate for the third time in a row Wednesday but signaled that it may leave rates unchanged in the coming months. Read More

This Isn’t the First Time the Fed Has Struggled for Independence

The Trump administration is threatening the Fed’s autonomy, which the central bank regained with the Treasury-Fed accord in 1951. Read More

Powell: Fed 'working hard' on affordability. Will a rate cut help?

Powell acknowledged consumers face “really high” costs and said the Fed is “working hard” to make their lives more affordable. Will rate cuts help? Read More

Trump calls affordability crisis a 'hoax.' The data tells a different story

As Democrats campaigning on affordability pick up wins, Trump's messaging about a strong economy is at odds with widespread voter sentiment that he's not doing enough to tackle rising costs. Read More

New Fed projections to reset economic outlook after volatile year

Federal Reserve officials will issue new economic projections, after a year that saw a hoped-for "soft landing" from inflation morph into renewed price pressures due to rising tariffs and the supply ... Read More

Trump Fed chair frontrunner Kevin Hassett hints at comprehensive Federal Reserve overhaul

National Economic Council Director Kevin Hassett outlines his Fed reform plans, including staff cuts and stricter policy focus, if selected as the central bank's next chairman. Read More

Fed cuts interest rate target, but future uncertain as Trump pushes looser money

The Federal Open Market Committee announced it would move its rate target to a range of 3.50% to 3.75%, down from 3.75% to 4%. Read More

Fed Divisions Underscore Challenge for Trump’s Next Chair

President Trump wants substantially lower borrowing costs, but officials at the central bank appear ready to resist delivering further cuts if the economic backdrop does not warrant it. Read More

The Fed just cut interest rates for the third-straight time

The Fed said Wednesday afternoon it is trimming its benchmark lending rate by a quarter point, its third such reduction this year. Follow along as Chair Jerome Powell discusses the move. Read More

Fed meeting recap: Central bank cuts rates for a 3rd time — and shows its biggest split in years

The Fed has cut interest rates for the third time in a row at December's meeting. Fed members were the most divided they've been all year. Read More