(The Hill) — President Donald Trump again pressed the Federal Reserve to cut interbank lending rates as the administration’s sweeping tariffs are set to resume next month. “The Fed would be MUCH better off CUTTING RATES as U.S. Tariffs start to ...

In his new book, one-time Trump cabinet member Wilbur Ross claims the then-president threatened to remove Powell as Fed chairman if he kept raising rates.

The Department of Justice (DOJ) has opened a probe into the Federal Reserve’s ongoing renovation of its headquarters in Washington, D.C. Federal Reserve Chair Jerome Powell said in a statement

The Congressional Budget Office has released new economic projections, expecting the Federal Reserve to cut short-term rates in 2026.

The Federal Reserve will meet later this month to make a decision on interest rates. But the latest inflation report is likely to make the central bank cautious about additional rate cuts.

Consumer prices climbed 2.7% annually in December, marking the end of a year of continued concerns about affordability for Americans. The Consumer Price Index for All Urban Consumers increased 0.3% on a seasonally adjusted basis in December,

Trump has repeatedly criticized Powell and the Fed for not moving faster to cut rates. Economists warn that a politicized Fed that caves in to the president’s demands will damage its credibility as an inflation fighter and likely lead investors to demand higher rates before investing in U.S. Treasurys.

The Federal Reserve will make its final interest rate decision of 2025 on Wednesday, setting up a pivotal year for both the U.S. economy and the central bank as President Trump prepares to install a new leader. The Federal Open Market Committee (FOMC), the ...