Federal Reserve

President-elect Trump's pick for Treasury secretary, Scott Bessent, has said Federal Reserve Chair Jerome Powell will be allowed to finish his term.

The Labor Department released new inflation data for November, which showed that prices were up 2.7% from a year ago as the Federal Reserve weighs another interest rate cut.

President-elect Trump said in an interview that he won't try to fire Federal Reserve Chair Jerome Powell despite his past criticism of Powell and the leadership of the central bank.

The Labor Department on Friday released the much-anticipated November jobs report, which showed the economy added 227,000 jobs while the unemployment rate ticked up.

The Fed doesn't have a Trump tariff forecast ready as the central bank doesn't "think in hypotheticals," says San Fran president Mary Daly, but it "doesn't usually derail growth."

Stock investors have a lot to be thankful for this year as the Dow Jones Industrial Average notches another new record as the post-election celebration continues.

The Commerce Department released data showing that PCE inflation ticked higher in October, though the Federal Reserve's preferred inflation gauge remained near last month's level.

Chicago Federal Reserve President Austan Goolsbee said the neutral rate is "well below" where it is right now, and policymakers can cut further so long as the economy does not overheat.

The outlook for the U.S. economy is improving, according to a group of leading economists, and investors can thank the Federal Reserve and the incoming Trump administration.

Former member of the Federal Reserve Board of Governors Kevin Warsh, a contender to serve as President-elect Trump's Treasury secretary, recently criticized DEI and said it should not influence monetary policy.

Federal Reserve Chair Jerome Powell said at an event that policymakers aren't in a rush to reach a "neutral" level for interest rates and will respond to economic data as it comes in.

U.S. consumers have more credit card debt than ever before, hitting a fresh record $1.17 trillion last quarter, according to New York Federal Reserve data.

Inflation rose slightly in October in line with economists' expectations, as the consumer price index was up 2.6% from a year ago and 0.2% compared with last month.

Minneapolis Federal Reserve President Neel Kashkari said Sunday that President-elect Trump's planned mass deportations of illegal immigrants could disrupt labor at some businesses.

Gold prices have been on a tear all year, but the love hasn't transferred to exchange-traded funds that invest in the precious metal. But now, the tides are turning.

The Federal Reserve cut interest rates by a quarter of a percent as inflation begins the path to stabilization.

Federal Reserve Chair Jerome Powell said he wouldn't step down if President-elect Trump calls for his resignation and that the president can't remove or demote Fed governors.

The Federal Reserve on Thursday announced it will cut the benchmark interest rate by 25 basis points, with its second consecutive rate cut coming amid signs of cooling inflation.

The Federal Reserve will announce its next interest rate move on Thursday in the wake of the U.S. election, with markets expecting the central bank to cut rates by 25 basis points.

Real estate investor Grant Cardone says he believes the Federal Reserve will make historic rate cuts over the next year after President-elect Trump's win.