President Trump said he has made his choice for the next Federal Reserve chair, signaling he will soon name a successor for Jerome Powell, whom he has blasted for months for failing to cut interest ...

The Federal Reserve is struggling to persuade some banks to use a lending tool designed to improve the central bank’s control over short-term money markets. Banks have made more use of the tool, ...

Investors are betting big that the Federal Reserve will cut interest rates again when policymakers meet next month, erasing doubts that had tipped the odds against a move as recently as last week and ...

President Donald Trump said Sunday he has decided on his pick for the next Federal Reserve chair after making clear he expects his nominee to deliver interest-rate cuts. “I know who I am going to pick ...

Officially, the search for a new Federal Reserve chair is still under way. A handful of finalists are scheduled to sit down for interviews beginning this week with Vice President JD Vance and senior ...

Federal Reserve governor Stephen Miran said the U.S. economy is "calling for large interest rate cuts" and warned that current monetary policy is "holding the economy back" by keeping borrowing costs ...

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WASHINGTON, DC - SEPTEMBER 18: Federal Reserve Chairman Jerome Powell speaks during a news conference following the September meeting of the Federal Open Market Committee at the William McChesney ...

President Donald Trump says he has chosen the next chair of the Federal Reserve, but he is not yet naming names publicly. Current National Economic Council director Kevin Hassett is widely expected to ...

Diccon Hyatt is an experienced financial and economics reporter. He's written hundreds of articles breaking down complex financial topics in plain language, emphasizing the impact that economic ...

Over the past month, there have been sharp public disagreements among Federal Reserve officials about the likely path of the economy and the appropriate level of interest rates. These public debates ...

Treasury Secretary Scott Bessent has wrapped up interviews this week for the top spot at the Federal Reserve. Bessent, who has been interviewing candidates since Labor Day, has previously said that he ...