President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May ...

"If the large increases in tariffs that have been announced are sustained, they're likely to generate a rise in inflation, a slowdown in economic growth, and an increase in unemployment," Fed Chair ...

The Federal Open Market Committee elected to keep the fed funds rate 4.25%-4.50%, amid concerns that tariffs, unemployment, ...

For release at 2:00 p.m. EDT May 7, 2025 Although swings in net exports have affected the data, recent indicators suggest that economic activity has continued to expand at a solid pace. The ...

Fifteen minutes after the April employment report hit early Friday, President Donald Trump seized on the surprisingly strong ...

The Fed’s decision comes after the central bank got more encouraging inflation news last week when March’s inflation rate was ...

President Donald Trump’s recent criticism of Federal Reserve Chair Jerome Powell has caused significant uncertainty in the stock market. On Monday, stocks fell sharply as Trump launched a fresh wave ...

Even Chicago Fed President Austan Goolsbee, considered among the more dovish of Fed policymakers, says he wants to hold fire ...

Economic mobility is largely tied to growth in productivity, Chicago Fed President Austan Goolsbee said on Wednesday. Productivity growth after COVID is outpacing the pre-pandemic trend ...

Wall Street averages rose sharply on Wednesday as President Donald Trump said he has “no intention” of firing the Federal ...

Economic mobility is largely tied to growth in productivity, Chicago Fed President Austan Goolsbee said on Wednesday.