The Federal Reserve could see many changes to its makeup in 2026, including a change in leadership at the top, giving President Donald Trump an opportunity to steer the central bank toward more ...
Lisa Cook, then nominee to be a member of the Federal Reserve Board of Governors, speaks at a Senate confirmation hearing on Feb. 3, 2022. (Ken Cedeno/Pool via AP) President Trump on Monday announced ...
Tensions escalated Tuesday between the Trump administration and the Federal Reserve. After President Donald Trump announced on social media that he was firing an official on the Fed’s chief governing ...
The Federal Reserve cut its benchmark interest rate by a quarter point Wednesday for the third time since September, bringing its key rate to about 3.6%, the lowest in nearly three years. Before ...
Discover how the Federal Reserve stabilizes the U.S. economy using interest rates, open market operations, and reserve ...
The Federal Open Market Committee, or FOMC, sets the fed funds rate. There are eight regularly scheduled FOMC meetings throughout the year, and its members include top officials from the U.S. Federal ...
The Federal Reserve's securities portfolio declined by $18.1 billion last week, the largest drop in six weeks. This decline suggests the Fed is still reducing its portfolio, not holding it steady as ...
HONOLULU (KHON2) — With news about interest rates rising and falling, it’s common to feel confused about what that could mean for the average person and their everyday life. While there’s a bit of ...
President Trump on Monday announced he was firing Lisa Cook, a member of the Federal Reserve Board of Governors, after one of his allies accused her of mortgage fraud. The move marks an unprecedented ...