Treasury Secretary Scott Bessent has a new plan in the fight to bring down historically high interest rates, and it’s got nothing to do with the Federal Reserve. Bessent, in two interviews this ...

What’s remarkable is that the Federal Reserve hasn’t yet needed to get involved in any of them. Enjoy the calm while it lasts. I think it’s a good bet that what we are seeing is a rare ...

The Federal Reserve's preferred inflation gauge showed prices rose as expected in December, and it remains above the central bank's target level amid its ongoing efforts to wrestle down inflation.

The Federal Reserve has withdrawn from the international policy group behind its recent push into climate scenario testing. In a 5-0 vote on Thursday, the Fed's Board of Governors opted to leave the ...

One thing lost in the Trump administration’s war on the federal bureaucracy is the collective voice of the employees. But some have begun to speak out. One thing lost in the Trump administration ...

Due to elevated year-on-year consumer inflation rates and strong recent jobs data, financial markets reflect expectations that the Fed will not change interest rates on January 29. A change in Fed ...

WASHINGTON, Feb 5 (Reuters) - The Federal Reserve announced on Wednesday it would be testing big banks against heightened stress in commercial and residential real estate markets as part of the U ...

WASHINGTON — The Trump administration has warned federal employees that they could be furloughed if they do not accept a buyout offer that expires Thursday, according to an email obtained by USA ...

A federal judge on Thursday extended the deadline for federal workers to accept the Trump administration’s sweeping buyout offer. The court will weigh the merits of the bid to block the offer in ...

President Donald Trump has called for interest rates to come down and escalated his criticism of the Federal Reserve chair, Jerome Powell, after this week's policy meeting. But the president ...

WASHINGTON ― The Trump administration ordered all heads of federal departments and agencies Thursday to provide lists of their lowest-performing employees and signaled mass job terminations ...

Here is a look at comments from Fed policymakers since the last rate-setting decision, sorting them under the labels "dove" and "hawk" as a rough shorthand for their monetary policy leanings ...