The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
President Donald Trump criticized the Federal Reserve’s handling of inflation and banking regulation on Wednesday, following the central bank’s decision to hold interest rates steady at 4.25%-4.5%.
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation ...
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...
The Fed signaled as much at its last meeting in December, when the central bank delivered an interest cut, but hinted that it ...