Donald Trump and Jerome Powell have a bit of history. In August 2019, after the Federal Reserve chairman indicated the central bank would not be able to fully offset the economic effects of the ...

VICTORTANCHEN FROM VIRGINIA COMMONWEAL 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 ...

The White House budget office is ordering a pause to all grants and loans disbursed by the federal government, according to an internal memo sent to agencies Monday, creating significant confusion ...

President-elect Donald Trump and Federal Reserve Chair Jay Powell have clashed before, and there is a chance they will do so again in 2025. Their collision could unfold in multiple ways.

A federal judge on Tuesday afternoon temporarily blocked part of the Trump administration’s plans to freeze all federal aid, a policy that unleashed confusion and worry from charities and ...

As president, he is threatening to cut 50,000 federal positions. There will be federal employees whom he replaces as part of the usual political turnover, and others whom he will fire as ...

Fed's Kugler tells CNBC data driving Fed policy Fed's Kugler sees economy in good place, job market resilient Fed's Kugler watching for evidence inflation easing again Jan 3 (Reuters) - Federal ...

When the Federal Reserve jolted markets in December, it wasn’t with its decision to cut interest rates by a quarter point, but with big changes in its rate forecasts for 2025. Fed officials ...

The Trump administration late Monday directed federal agencies to pause the disbursement of loans and grants while the government conducts a review to ensure spending aligns with President Trump ...

The bond market's moves might seem strange given that the Federal Reserve has lowered interest rates three times starting in September. But it’s a reminder that markets care more about the ...

The Federal Reserve's rate-cutting plans for 2025 face challenges from inflationary pressures and the new Trump administration’s policies. Potential trade wars and corporate tax cuts under Trump ...

Barkin voted in favour of a quarter-point reduction in the benchmark lending rate on Dec. 18. He rotated out of a voting position on the Fed’s interest-rate panel this year. The Fed’s ...