Can America’s president bend its central bank to his will? No, the Fed chief has indicated; not under US law. The world is watching as the curtains go up on a whole new drama.

The Federal Reserve decided to delay additional rate cuts for now and keep interest rates unchanged at its first meeting of ...

Many of the region’s biggest equity markets — including those in Hong Kong, mainland China and South Korea — are closed for ...

Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

The Federal Reserve chair said banks are well suited to handle risks related to crypto customers, but the threshold for ...

Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.

Amid pressure from President Donald Trump to keep lowering interest rates, the Federal Reserve held steady.

The Federal Reserve is likely finished with rate cuts for the foreseeable future, according to a Bank of America Corp. (NYSE: ...

The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...

The Federal Reserve held interest rates steady Wednesday after price increases ticked up over the past three months, ...

While Trump will be able to appoint a new Fed chair in 2026, he does not have the ability to set monetary policy or change the federal funds rate. No president has the direct power to reduce mortgage ...