Presidents can control monetary policy even without replacing the Fed chair, Benn Steil writes in a commentary essay.

Rates had previously been held at a 23-year high since July 2023. There was some division on the final decision, with Fed governor Michelle Bowman dissenting. She preferred to cut rates by 25 basis ...

A Robinhood attorney and Republican regulators are people being considered for top jobs with the SEC, Comptroller of the ...

In this historic week — and it has been historic — we finally have a little respite, and time to reflect. Lots of companies ...

Futures tracking the benchmark index surpassed the psychologically important milestone on Thursday on expectations of an ...

Powell’s preemptive strike against any attempt that Trump or his allies might make to undermine the Fed’s leadership set a marker in what could become a massive fight over the central bank’s future.

But the Fed's expected quarter-point rate cut late yesterday also helped calm restive Treasury markets as Chair Jerome Powell ...

FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis points, after the 50-basis point cut at ...

Trump transition team officials are considering retail brokerage Robinhood's top lawyer, as well as bank regulators and ...

The Federal Reserve Open Markets Committee concluded its two-day meeting today and cut its influential benchmark rate. Follow along for live updates.

The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before ...

"I see the Fed staying the course and cutting another 25 basis points ... Unlike the September decision, in which Federal ...