Most Fed Officials Expect 2025 Rate Cuts Despite Tariff Inflation Concerns, Minutes Show. ByDerek Saul. Share. ... Federal Reserve Chairman Jerome Powell has been one of the top punching bags of ...

Fed staff told reporters that it would have been less expensive to just build a new building rather than restore the two historic properties.

A sprawling $2.5 billion project to renovate the central bank’s headquarters in Washington has become the focal point of attacks from the Trump administration.

Federal Reserve officials affirmed their intention to lower inflation back toward their 2% target at the risk of rising unemployment and slower growth. Fed minutes show inflation resolve, concern ...

Fed’s Hammack has affirmed her support for a wait-and-see approach to a Fed rate cut, further quenching hopes of a July cut.

U.S. business activity picked up in July, but companies asked higher prices for goods and services, supporting economists' views that inflation will accelerate in the second half of the year mainly because of tariffs on imports.

Trump sent Fed Chair Powell a handwritten note demanding lower interest rates to reduce government borrowing costs. Experts argue dramatic rate cuts could compromise Fed independence and reignite inflation pressures.

The U.S. Federal Reserve's independence is threatened by political interference, especially highlighted by President Trump's attacks on Fed Chair Jerome Powell. A Reuters poll indicates a majority of economists are worried about this influence,

Fed staff told reporters that it would have been less expensive to just build a new building rather than restore the two historic properties.