Benchmark Treasury yields have been climbing toward 5%, despite the central bank’s recent rate cutting.
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump administration. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.
Central banks should be apolitical, not unaccountable. Monetary technocrats should serve the People.
The US Federal Reserve kept its key interest rate unchanged on Wednesday, pausing its recent easing cycle as it navigates economic uncertainty and rising political pressure. This marks the central bank’s first policy decision since President Donald Trump returned to the White House last week,
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
The Federal Reserve is set to announce its first interest rate decision of 2025 and with a pause expected, it could prompt President Donald Trump to renew his criticism of the central bank.
The US Federal Reserve is on a collision course with Donald Trump, economists say, with the central bank set to keep interest rates on hold despite the president’s calls to reduce borrowing costs by “a lot”.
The Federal Reserve kept its key interest rate in place, pausing further cuts and ignoring a demand by President Donald Trump to immediately drop rates.After three months of reductions, the Fed decided to keep the key interest rate target
President Donald Trump renewed his complaints with the Federal Reserve after it left its benchmark interest rate unchanged.
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates
Exchange-traded funds focused on the bond market slipped Wednesday, after the Federal Reserve decided to pause its interest-rate cutting cycle while waiting for new policies to be enacted under President Donald Trump.