Federal Reserve

The Federal Reserve cut interest rates for the first time in 2025, with the 25-basis-point reduction coming amid signs of a slowdown in the jobs market despite elevated inflation.

Senator Tim Scott, chairman of the powerful Senate Banking Committee, said a half point rate cut is possible today.

Fed policymakers expected to cut benchmark interest rate by 25 basis points amid labor market weakness and inflation rising further above the central bank's 2% target.

The Senate confirmed President Donald Trump's pick, Stephen Miran, a top White House economist, to join the Federal Reserve Board of Governors.

The Bureau of Labor Statistics released the August consumer price index (CPI), which showed that inflation remained above the Fed's target ahead of the central bank's rate decision.

Trump has challenged a court ruling protecting Lisa Cook's Fed position as the Justice Department opens a criminal probe into mortgage application fraud.

A federal judge on Tuesday blocked President Donald Trump from firing Federal Reserve Governor Lisa Cook, allowing her to continue in her current role for the time being.

Despite increasing criticism of President Trump's attacks on the Fed and Jerome Powell, the White House says it's an "objective fact" that rates need to be cut for more economic growth.

Trump officials called the Bureau of Labor Statistics "broken" after the largest downward jobs revision on record and demanded Federal Reserve rate cuts.

The Senate Banking Committee votes Wednesday on Stephen Miran's nomination to the Federal Reserve Board of Governors, with full Senate consideration next.

Data from the New York Federal Reserve showed Americans' confidence in finding new jobs hit a record low of 44.9% in August, the lowest since tracking began in 2013.

Home equity erosion occurs when inflation outpaces home price growth, reducing homeowners' wealth in inflation-adjusted terms when they borrow against their home or sell.

National Economic Council Director Kevin Hassett says Federal Reserve monetary policy should remain independent from political influence, including from President Donald Trump.

The $1.79 billion Powerball jackpot won in Missouri and Texas reflects how Federal Reserve interest rates boost lottery annuity payouts compared to lump-sum options.

Stephen Miran, Trump's Federal Reserve Board nominee, could be confirmed in time for the mid-September rate-setting meeting after testifying before the Senate Banking Committee.

The DOJ investigation comes as Cook sues President Donald Trump in federal court over her firing from the panel of central bankers that is tasked with charting the nation’s economic path.

President Donald Trump’s nominee to join the Federal Reserve Board of Governors insisted to lawmakers Thursday he would keep the central bank independent.

Trump appointee alleges Lisa Cook committed mortgage fraud on three 2021 property loans before her Federal Reserve nomination, prompting her lawsuit against firing.

When the jobs report comes out on Friday, let's hope the BLS subtracts one government job

Federal Reserve independence faces scrutiny as Federal Reserve Governor Lisa Cook challenges Trump's authority to remove her while hundreds of economists voice support.