If virtually every indication so far is accurate, the new leader of the free world is unlikely to get what he wants, at least ...

The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

Eleven of the chairs and deputy chairs appointed this year identify as Black, Hispanic, or otherwise non-white, down from 14 last year. More broadly, however, of the 108 spots on the 12 Fed bank ...

The Federal Reserve wrote that based on 2019 Survey of Consumer Finances, the most recent year available, white families had a median wealth of $188,200, compared to $24,100 for Black families ...

Median net worth for Black and white families continues to fluctuate, according to Federal Reserve Survey of Consumer Finances data, though the gap remains massive: That said, the difference in ...

Central bank policymakers are widely expected to stand pat on interest rates. Investors await further details from Fed Chair ...

The Federal Reserve held rates steady at the end of its two-day meeting Wednesday despite pressure from the White House. High interest rates have affected all sorts of consumer borrowing costs ...

Despite the White House pressure, central bankers should hold firm and take a break from policy changes, said former Dallas Fed President Robert Kaplan. "It's the right call to stay steady.