A new GDP report Thursday and the expectation of a sticky inflation reading Friday should reinforce the Federal Reserve’s new ...
But a category within the GDP data that measures the economy’s underlying strength rose at a healthy 3.2% annual rate from ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...
Donald Trump has rounded on the US Fed, threatening to unravel the political neutrality that has underpinned decades of stability.
Photo: Alamy President Donald Trump released a fiery statement against the Federal Reserve and its leadership after the ...
WASHINGTON (AP) — The American economy ended 2024 on a solid note with consumer spending continuing to drive growth. The Commerce Department reported Thursday that gross domestic product — the economy ...
During the disorienting flurry of Trump's executive orders, Fed Chair Powell issued an edict of his own. He's defending the ...
The Fed said the job market is “solid,” and noted that the unemployment rate “has stabilized at a low level in recent months.
Bitcoin and crypto traders are braced for the Federal Reserve's latest interest rate decision after U.S. president Donald ...
While Powell revealed little about the Fed’s plan of action, it is becoming more likely that interest rates will also be held ...
Britain's benchmark index touched a record high on Thursday as investors cheered a healthy set of corporate updates, while ...
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.