The effects of potential changes in trade and immigration policy suggested” restoring 2% inflation “could take longer than previously anticipated,” according to the Fed minutes released Wednesday.

United States Federal Reserve officials said that the strong economy toward the end of 2024 and inflation staying above its “2% target” may mean the economy “needs neither restriction nor support.”

Ahead of Donald Trump taking office, Federal Reserve's top banking regulator has resigned from his role as vice chair of supervision.

Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance to fill one of the top positions on the powerful central bank.

The Fed’s top bank cop, Michael Barr, is stepping down early to avoid a legal battle with Trump. If the Federal Reserve is politicized and weakened, the winners will be large financial institutions and the losers will be all of us. Unfortunately, that’s already happening before President-elect Donald Trump is even sworn in.

A proposal from two top nominees would let the president fire board members at will, and give Congress budget authority.

Officials are deeply worried that the incoming president's policies on immigration and trade will cause inflation to rise.

Donald Trump tariff plans and Fed policies raise questions on their impact on global trade, inflation, and the cryptocurrency market in 2025.

Lobbying by banks helped torpedo a major proposal, and a top regulator announced this week that he would step down from a leadership role.

Key Takeaways A recent Gallup survey showed that a majority of Americans see the stock market rising, inflation slowing and employment improving in 2025.However, more than half said they don’t expect the new year to be an economically prosperous one.

U.S. employers added more than a quarter-million jobs in December, according to the Labor Department. That's far more than forecasters were expecting.