News

When it comes to national finances, Australia’s system looks stellar against the poisonous maelstrom unfolding in the US.
The Brief The Federal Reserve is expected not to change its key interest rate. Experts project that tariffs may lead to a temporary surge in prices in the U.S. President Donald Trump argues that ...
Federal Reserve Chairman Jerome Powell is holding a press conference following a two-day policy meeting in which the Fed decided to hold interest rates steady. The Federal Reserve noted that while ...
(The Center Square) – Federal Reserve officials agreed to hold interest rates steady on Wednesday but suggested they could cut them later this year. "Despite elevated uncertainty, the economy is ...
The Federal Reserve has removed Wells Fargo’s asset growth cap, ending seven years of sanctions tied to consumer abuses and risk management failures.
WASHINGTON — President Trump called Federal Reserve Chairman Jerome Powell to the White House Thursday to demand a cut in interest rates — pointing to a dramatic decline in inflation since its ...
In recent months, Trump has publicly griped about Powell. In April, he said he was "not happy" with the Federal Reserve chair, in part because Powell hadn't lowered interest rates in 2025.
Before 1971, each Federal Reserve note issued was backed by a legally specified amount of gold held by the U.S. Treasury, however, private citizens were not allowed to redeem notes for gold dollars.
Topline The Federal Reserve aims to cut 10% of its workforce over the next several years, Chair Jerome Powell told employees in a memo—following suit with the Trump administration’s efforts to ...
The Federal Reserve System — also known as the Federal Reserve or the Fed — is the central bank of the United States, which "sets policies to keep the economy steady and controls the money ...
Federal Reserve Holds Rates Steady Amid Economic Uncertainty May 08, 2025 — 01:04 pm EDT Written by Taylor Sohns MBA, CIMA®, CFP® for Due.com -> ...