For the first time in more than three decades, two of the seven members of the central bank’s board voted against chair to lower rates.

Job growth missed the forecast of 106,000 in July, and unemployment rose from 4.1%.

In a post on his Truth Social platform, Trump called Powell 'stubborn' and accused him of failing to act despite low ...

Stock futures moved sharply lower Friday morning as investors reacted to news that the U.S. plans to impose higher tariffs on ...

The new tariff rates came before an Aug. 1 deadline Trump gave about 180 countries to either reach trade deals or face higher ...

U.S. President Donald Trump on Friday urged the Federal Reserve board to assume control if Fed Chair Jerome Powell continues to refuse to lower interest rates. "Jerome 'Too Late' Powell, a stubborn ...

The policymakers weighed in after casting dissenting votes against the Federal Open Market Committee's decision on Wednesday to hold its benchmark interest rate in the 4.25%-4.50% range. The dissents ...

Millions of Americans - not to mention President Trump - would like to see the Federal Reserve cut interest rates and lower borrowing costs. For that to happen, inflation has to stay under control and ...

In a statement published on Friday, Federal Reserve (Fed) Governor Christopher Waller explained why he voted in favor of a 25 basis points (bps) rate cut at the July policy meeting. "I dissented ...

Fed Governors Christopher Waller and Michelle Bowman again sounded the alarm on Friday that the labor market is weaker than ...

US stock market futures dropped nearly 1% after President Donald Trump announced sweeping new tariffs on imports from 92 ...