U.S. Federal Reserve staffers have scrambled since January to decipher what Trump administration trade policies will mean for the economy, with published tallies of potential income losses, inflation estimates running as much as 2 percentage points higher,

Richard Nixon took measures for short-term political gain that harmed the economy for the rest of the 1970s. | Opinion

Key Takeaways The Federal Reserve is not likely to cut interest rates at its next two meetings in June and July, central officials said in interviews this week.The Fed has kept interest rates at a higher-than-usual level this year as it waits to see how President Donald Trump's tariffs will affect the economy.

WASHINGTON — President Donald Trump said Tuesday he has no plans to fire Federal Reserve Chair Jerome Powell ... to its federal funds rate, which influences the money supply by setting the ...

Despite those legal safeguards, the high court ruled that presidents may remove executive branch officials who carry out their policies, unless specifically exempted by prior rulings.

Tax cuts favored by President Trump are amplifying debt and deficit concerns and pushing 30-year Treasury yields to their highest level since October 2023.

Wall Street's main indexes fell on Tuesday, with technology stocks leading declines as investors awaited commentary from Federal Reserve officials to gauge the impact of U.S. President Donald Trump's tariffs on the central bank's policy path.