Powell was confirmed for a second term in 2022. The Fed's rate cut made sense Thursday, as high rates are no longer needed to ...

Trump has repeatedly argued that he does not agree with Jerome Powell. Will he try to remove him from the Federal Reserve?

President-elect Donald Trump has vowed to topple many of the Biden administration’s economic policies. Trump campaigned on ...

Financial writer, bullish on Donald Trump's policies and market outlook, predicts gains in SPX supported by Fed rate cuts and ...

The market is expecting the Federal Reserve to slash interest rates again when its final meeting of 2024 concludes next month, even though economists are warning that Donald Trump's protectionist ...

Federal Reserve policymakers opted to lower the federal funds rate ... cut compared to the half-point cut they implemented in September. Still, this reduction was welcomed by many analysts, who ...

Earlier on Thursday, mortgage rates rose again for the sixth consecutive week, hitting a four-month high of 6.79%, according ...

We take a look at what Donald Trump's potential economic plans could mean for inflation, the Fed and Jerome Powell. Here's ...

President-elect Donald Trump has won Arizona and its 11 electoral votes, CBS News projects, giving him a sweep of all seven ...

While Trump has sought to pressure the Fed to cut rates, consumer rates on mortgages and other loans are determined by a ...