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The Federal Reserve has maintained its benchmark interest rate, despite ongoing high inflation. This decision reflects the central bank's continued focus on addressing inflationary pressures.
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The Trump administration, rebuffed by the Supreme Court in its first attempt to fire Lisa D. Cook, sent the Federal Reserve governor a letter saying it was “considering” removing her from the job.
Business is booming for Snap-on, a Wisconsin company that has made tools for professional mechanics for more than a century. It recently got a fact-finding visit from the head of the Chicago Federal Reserve Bank.
Xbox CEO Asha Sharma was named to co-lead a Federal Reserve task force on jobs and productivity — three days after announcing 3,200 job cuts across Microsoft's gaming division. The gaming press is having a field day. Read More
Federal Reserve Chairman Kevin Warsh on Thursday released names of the experts who will comprise five task forces to examine the institution's operations.
A weaker labor market may mean the Federal Reserve can cut interest rates amid benign wage inflation, says 22V.
The U.S. Treasury Department and Federal Reserve have joined forces with their Japanese counterparts to stage a historic joint intervention to boost the Japanese yen, according to Japan’s Ministry of Finance, which confirmed the move in a statement on Monday.
It sounds paradoxical, but Federal Reserve Chair Kevin Warsh may have tightened the economy by not lifting interest rates than he would have by actually increasing them.
Internal divisions over whether to raise interest rates intensified at Kevin Warsh’s second meeting as chairman of the Federal Reserve.
Is inflation 3.7% or 2.2%? It depends on which Federal Reserve number you believe.
The Federal Reserve has met at least eight times a year for decades. Reducing the number of meetings would represent the biggest change by Kevin M. Warsh since he became chairman.