President Trump has been a frequent critic of both the Federal Reserve and its chairman, Jerome Powell.
Additionally, about one-quarter of non-retired adults have no retirement savings.
San Francisco Federal Reserve President Mary Daly foresees President Trump’s tariff on Chinese goods impacting the U.S. inflation rate.
The Federal Reserve may have laid out its reasoning for leaving interest rates unchanged during its meeting earlier this month, but traders are increasingly betting on policymakers at the U.S. central bank cutting rates in the year ahead.
Federal Reserve officials signaled the inflation rate remained below the central bank’s goal of 2 percent.
Federal Reserve officials at their recent meeting believed the central bank could remain "patient" in deciding when to adjust interest rates, though some officials thought future rate hikes might still be needed.
Minutes from the May 1-2 Federal Open Market Committee revealed that rates will remain steady for the remainder of the year.
The Fed is trying to strike a balance between low unemployment and low inflation.
Federal Reserve Chairman Jerome Powell says a sharp rise in corporate debt is being closely monitored but currently the Fed does not see the types of threats that triggered the 2008 financial crisis.
Alice Rivlin, who served as the director of the Office of Management and Budget (OMB) during former President Bill Clinton’s administration, died Tuesday at age 88, the Brookings Institution and her family said.
Beijing believed that if the U.S. economy was weakening -- and the U.S.’s resolve alongside it -- the White House would be more willing to cut a deal.
The deal has also drawn scrutiny from 2020 presidential candidate Sen. Elizabeth Warren, D-Mass.
For those interested in saving, lower interest rates can pose a conundrum.
Stocks extended their losses into a second day on Wall Street Tuesday after President Donald Trump's threat to escalate a trade war moved closer to reality.
Malaysia's central bank has cut interest rates for the first time in nearly three years to help support growth and counter risks from a global slowdown, trade tensions and extended weakness in commodity prices.
“There is nobody better than Jay Powell to be running the Fed,” Buffett said.
Inflation rose in April in the 19-country eurozone, at first glance an encouraging sign for the European Central Bank in its struggle to sustainably raise prices.
Low inflation might suggest the need for lower interest rates, Larry Kudlow told FOX Business.
President Donald Trump says his pick for the Federal Reserve board, conservative commentator Stephen Moore, has withdrawn from contention.
The sleaze campaign over the last few weeks was "just really too tough for me and my family," Moore told FOX Business.