News

A top Federal Reserve official says dour jobs data backs the case for 3 rate cuts

A top official at the Federal Reserve is saying that this month’s stunning, weaker-than-expected report on the U.S. job ...

The Federal Reserve’s power: Congress giveth and Congress can taketh away

"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by ...

U.S. Fed’s policy toolkit may be headed for fundamental changes

There’s no sense of imminent changes in the Fed’s monetary policy mechanics. But that may not always be the case, especially ...

Trump calls on the Federal Reserve board to take full control of the central bank from Powell

President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell, criticizing the head of the U.S. central bank for not cutting ...

Powell stresses 'no decisions' made on September cut as Fed holds rates steady, defying Trump again

The Federal Reserve held interest rates steady Wednesday for the fifth meeting in a row as two Fed governors dissented, ...

Fed to hold rates steady despite Trump’s push for big cuts

The Federal Reserve is expected to leave interest rates unchanged on Wednesday, six days after President Donald Trump again ...
Red State Observer1d

Federal Reserve Faces Challenges Amid Interest Rate Upswing

The Federal Reserve is facing new challenges as interest rates show signs of potential long-term increases. In a recent address, Federal Reserve Chair Jerome Powell highlighted the economic ...

Will the Bank of Canada and U.S. Fed cut interest rates this week?

Monetary policy announcements from central banks in Canada and the United States are scheduled for July 30, and most ...

Here’s how the Federal Reserve funds itself, including renovations, without taxpayer dollars

Unlike the Pentagon and a new weapons system that has blown through its budget, the Fed and its operations are funded differently.