News

Federal Reserve independence at risk from Trump's pressure campaign, J.P. Morgan warns
J.P. Morgan warned in a note that Trump's pressure on the Federal Reserve and threats to fire Chair Powell could undercut ...
Why is Trump unhappy with Fed Chair Jerome Powell, and what does the Federal Reserve do?
President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...
Federal Reserve's Waller says central bank should cut rates at next meeting
A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...
A Federal Reserve Member Math Problem
While that would set a tone at the board of governors, whose seven members are permanent members of the Federal Open Market ...
A well-run economy needs an independent Federal Reserve, says former reserve bank head
Former president of the Federal Reserve Bank of Cleveland Loretta Mester says it's important that the Fed stays independent and that fiscal politics should not interfere with monetary policy makers ...
Federal Reserve says consumer distress is at a 12-year high and credit cards are the canary in the coal mine
Mark payment due dates on your calendar and set reminders to avoid missing them. With average credit card interest hovering ...
Businesses are already passing the cost of tariffs onto consumers, Federal Reserve survey finds
A new survey by the Federal Reserve reveals President Donald Trump’s sweeping tariffs are already costing consumers.
The Fed Anchors Financial Markets. What Happens If It Loses Its Independence?
It isn’t just the U.S. Other countries have also come to expect an independent U.S. central bank.