The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.
In the 2025 stress-test scenario, the US unemployment rate would rise almost 5.9 percentage points to 10%. That hike would come with severe market volatility, widening corporate bond spreads, a 33% ...
Seven years into a U.S. cap on assets, executives are awaiting a verdict on whether they’ve done enough to appease the ...
Traditional finance and crypto are coming closer together as President Donald Trump encourages more favorable regulation of digital assets.
President Donald Trump did not call on the Federal Reserve to bring down rates last week, but said it had failed to bring ...
In a Friday speech, Federal Reserve Board member Michelle Bowman said regulation and supervision should be aimed at expanding banking access, not limiting it.
After Trump issued an executive order on Jan. 20 ending DEI programs across the federal government, the Fed took down pages ...
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
For example, central bank independence seems to go hand-in-hand with lower inflation when the rule of law is strong. But, in ...
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay ...
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.
Federal Reserve Chair Jerome Powell reaffirmed the central banks independence on Wednesday, emphasizing that politics will ...