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.

Officials cut rates at their previous three meetings before taking a pause.

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 ...

With a new administration now in place, what could that mean for interest rates, as the Federal Reserve is set to meet later ...

Jan 16 (Reuters) - The Federal Reserve should stay independent, Trump's pick to be U.S. Treasury Secretary told a Senate panel on Thursday. "I think on monetary policy decisions, the FOMC should ...

House Speaker Mike Johnson (R-LA) told reporters that there “should probably be conditions” placed on additional federal aid to address the devastation from the Los Angeles wildfires.

Commissions do not affect our editors' opinions or evaluations. The Federal Reserve concluded 2024 with a quarter-point interest rate cut, bringing the target federal funds rate down to a range of ...