A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump administration. The ...

The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded ...

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.

The Fed guards its monetary policy independence carefully, arguing that political influence over central bank interest-rate ...

A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...

President Donald Trump went on a fiery rampage Wednesday, ripping into Federal Reserve Chair Jerome Powell for what he ...

The Federal Reserve left its key interest rate unchanged Wednesday after cutting it three times in a row last year, a sign of ...

The Federal Reserve held interest rates steady on Wednesday, just days after President Donald Trump called on the central ...

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.

A federal judge has paused a sweeping new plan from the Trump administration to halt categories of federal spending.

Federal Reserve Chair Jerome Powell is holding a press conference Wednesday afternoon, the first since President Trump began ...