The Federal Reserve should resist pressure from Trump and defend its independence, experts say
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal ...
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Wall Street rally loses steam as European luxury shares advance
Wall Street equities finished lower Thursday following a mixed US retail sales report, while European luxury stocks pushed ...
Fed rate actions in 2025 seen in a narrow band, Goldman Sachs CEO says
The Federal Reserve's future moves on interest rates in 2025 will be in a narrow range unless the trajectory of inflation ...
Powell Signals Fed on Hold as Trump’s Economic Policies Take Shape
Federal Reserve Chair Jerome Powell made clear on Wednesday the US central bank intends to hold interest rates where they are ...
Fed chair calls for Congress to move on crypto ’regulatory apparatus’
The price of Bitcoin briefly moved above $104,000 as Jerome Powell fielded questions on crypto regulation and the Fed ...
U.S. border officials in Indiana seize $5M worth in fake Chinese jewelry
U.S. Customs and Border Protection officials seized millions of dollars in knock-off jewelry items and advised American consumers as Valentines Day nears to be leery of fake products.
What Fed rate cut? Most Americans say they haven't felt the impact of the central bank's policies - especially millennials.
The average interest rate on new cars fell to 6.8% in the fourth quarter of 2024 - when the Fed first started cutting rates - from 7.4% a year earlier, according to data from the car-buying site ...
Fed Stays Steady, and Powell Offers No Guidance on Future Rate Cuts
After three cuts at the end of last year, Federal Reserve officials paused rate moves as they weigh a solid economy and ...