“It’s a benign report,” Austan Goolsbee, president of the Federal Reserve Bank of Chicago and a voting member of the Fed's rate-setting committee, told USA TODAY on May 13. “That’s ...

Donald Trump is no Nixon. For Fed watchers, that message seemed to hit home last week, when Trump abruptly backed off his sharp attacks on Fed Chair Jerome H. Powell, after his social media posts ...

The Fed risks being behind the curve when the economy turns, Bill Dudley said. The former New York Fed chief said the US-China trade deal extends tariff uncertainty, delaying action. "If the US ...

Federal Reserve Chair Jerome Powell laid out plans to trim the central bank's workforce by 10% across its system in the coming years, according to a message sent to Fed staff Friday obtained by ...

Powell acknowledged at the conference that the economic environment has changed since the Fed's last strategy meeting in 2020, when interest rates were far lower than they are today. "Longer-term ...

With 259 of 259 polls reporting, Jim Belanger, of the Conservative Party, is projected to win in Sudbury East—Manitoulin—Nickel Belt. As of 4:21 p.m., Belanger has 29,129 of 60,266 votes (48.33%).

We will examine ways to improve along that dimension as we move forward." He noted that while the Fed's benchmark policy rate is currently well above zero — currently in the range of 4.25% to 4. ...

Savers looking for signs about where certificate of deposit (CD) interest rates are going likely have an eye on May's scheduled Federal Reserve meeting, where the Fed could provide hints about its ...

Brett Arends is an award-winning financial writer with many years experience writing about markets, economics and personal finance. He has received an individual award from the Society of American ...

Hammack, at a meeting of the Money Marketeers of New York University, spoke at length on her views on the Fed's balance sheet. "We still appear to have more than enough reserves in the system so ...

The cases are being watched as potential proxies for whether Trump has the authority to fire Fed officials, particularly after his recent criticism of Powell shook financial markets and fueled ...