Trump demands quick termination of Federal Reserve Chair Powell, urging immediate interest rate cuts in a recent post.

Explore the impact of inflation on U.S. economic growth and consumer spending in recent months and its potential effects.

That said, as is apparent, things can change in a hurry. And while the White House might not need Fed cooperation now, it will later, with lower interest rates, if its plan to reset the economy is ...

U.S. central bankers are now wrestling with a concept they'd rather avoid - stagflation, or a situation where prices and joblessness rise together as they did in the 1970s, a low point for the Fed. At ...

WASHINGTON, April 3 (Reuters) - U.S. Federal Reserve officials who have said they ... On average, imports may now carry a tax as high as 27%, Citi economists estimated, with higher levies on ...

Kashyap, a former Fed researcher, collaborated on the paper with former Fed Gov. Jeremy Stein, now a professor at Harvard University; former Federal Reserve Bank of New York researcher Joshua Younger, ...

The Federal Reserve released its latest quarterly Summary of Economic Projections (SEP) report last week. Compared to its previous forecasts, the Fed expects slower U.S. economic growth in 2025 ...

Around 9.7 million student loan borrowers became past due on their bills after the Covid-era payment pause expired, according to a new estimate by the Federal Reserve Bank of New York.

Federal Reserve Bank of Atlanta Raphael Bostic said Monday he now expects only one interest rate cut by the end of the year, adding that tariff increases may hinder the central bank’s efforts to ...

Federal Reserve Bank of Atlanta President Raphael Bostic said he now sees just one interest-rate cut as likely this year, rather than two, with tariff hikes impeding progress on disinflation. “I ...

Nonetheless, he now sees US gross domestic product expanding by 1.8% this year, down from 2.1% in December. He expects the unemployment rate to end the year at around 4.2% or 4.3%, which he said ...