President Donald Trump on Wednesday blasted Federal Reserve Chair Jerome Powell and the U.S. central bank on Truth Social, saying their failures created with Inflation and that they have done a “terrible job on Bank Regulation.
Joe Biden leaves the presidency with what appears to be a sterling ... Inflation peaked above 9% in June 2022 and has stayed above the Federal Reserve's 2% target every month since March 2021. As the prices of various goods and services increased and ...
Jared Bernstein, the outgoing chair of the Council of Economic Advisers, says that Donald Trump is inheriting a strong economy, but with less freedom to maneuver than he had during his first term.
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates
The Federal Reserve defied Donald Trump’s demands for lower borrowing costs by keeping US interest rates on hold and suggesting they will remain higher for longer...
The US Federal Reserve held interest rates steady yesterday, defying Donald Trump’s calls for deep reductions. The Fed’s pause on cuts is a setback for the renewable energy industry, which has struggled from high upfront costs and faces an uncertain future amid the US president’s tariffs threats and restrictions to solar and wind development.
President Donald Trump begins his presidential term. He touts plans to make America “the world’s crypto capital,” but his predecessor Joe Biden’s stance on crypto was more ambivalent.
Former US President Joe Biden ended his term with major strides in student loan forgiveness, but with Donald Trump back in the White House, there are questions about if he will continue with these initiatives,
economists expect inflation could worsen -- making it less likely the Federal Reserve will cut its key interest rate much this year. All of these trends will likely keep borrowing costs higher ...
Joe Biden’s time in the White House has been a positive ... as the global economy began its recovery from the pandemic, while the Federal Reserve maintained supportive monetary-policy measures first implemented in early 2020. But in 2022, Wall Street ...
WASHINGTON — On Monday, President Joe Biden will watch President-elect ... In a bid to ease the soaring prices, the Federal Reserve increased interest rates, leaving people paying more on ...