the U.S. central bank’s policy rate will be “modestly” lower by the end of the year than now. For now, he said, the Fed is in “wait and see” mode amid uncertainty over the economic ...

WASHINGTON — The White House said Wednesday that federal agencies are in the process of terminating expensive contracts with Politico after Elon Musk, leader of the Department of Government ...

US President Donald Trump said the Federal Reserve was right to pause its rate-cutting path in its decision last week, a break from his penchant for calling for lower rates. “I’m not surprised ...

TRUMP BLASTS FED FOR NOT CUTTING INTEREST RATES "Despite the stickiness of inflation in recent months, the disinflationary trend should reemerge in the spring as services prices are set to ...

The mandate is the latest effort in the Trump administration's push to end DEI. Employees at multiple federal agencies were ordered to remove pronouns from their email signatures by Friday ...

In its first decision since President Donald Trump began his second term, the Fed held the target rate steady ... committee's remaining seven meetings through the end of 2025 are: March 18-19 ...

The Fed called inflation "somewhat elevated" and offered a more cautious view explaining the pause on Wednesday, but removed an earlier reference saying that inflation is "making progress towards 2%." ...

It’s the first key decision from the central bank under President Donald Trump’s second term, and comes after Trump said he should have some say in Fed policy ... the lower end of the ...

Copyright 2025 The Associated Press. All Rights Reserved. The Federal Reserve left its benchmark interest rate unchanged Wednesday after cutting it three times in a ...

Copyright 2025 The Associated Press. All Rights Reserved. Screens display a news conference by Federal Reserve Chair Jerome Powell on the floor of the New York Stock ...

Federal Reserve Chair Jerome Powell pushed back Wednesday on billionaire Elon Musk's claim the central bank is bloated when he was asked about it during a press conference. Elon Musk, the leader ...

Nearly everyone expected the Fed to keep interest rates steady, but the Fed dropped in its statement reference to inflation making “progress” toward its 2% objective. It simply noted that ...