Consumer prices increased by the most in five months in June, with solid rises in the costs of tariff-exposed goods like ...

Trump sent Fed Chair Powell a handwritten note demanding lower interest rates to reduce government borrowing costs. Experts argue dramatic rate cuts could compromise Fed independence and reignite ...

The U.S. Federal Reserve's independence is threatened by political interference, especially highlighted by President Trump's ...

Consumers think prices will remain relatively steady over the next year but fear long-term increases, surveys show.

When central banks are pressured by politicians into overheating the economy, everyone ends up getting burned.

An examination of the Fed is necessary to determine why members have proved unable to “break out of a certain mindset,” Bessent said.

US Treasury Secretary Scott Bessent weighed in on the latest Fed drama, pointing to the "fear-mongering" around tariffs and ...

Longer-term interest rates do not always decrease when the Fed cuts short-term rates. Following the Fed's cuts last year, ...

Treasury Secretary Scott Bessent defended the monetary independence of the Federal Reserve after getting caught in the ...

The Fed’s decision on interest rates affects many types of consumer borrowing costs, from credit cards and mortgages to auto ...

Amid all the mounting political pressure on the Federal Reserve to resume cutting interest rates, Chair Jay Powell is already ...

Trump plans to visit the Federal Reserve, intensifying his campaign to pressure the central bank to cut interest rates ...