U.S. Treasury Secretary Scott Bessent has highlighted a threat to the Federal Reserve's independence due to its extension ...

Consumers with money in a high-yield savings account continue to benefit from rates that are well above 4% APY. The Federal ...

Federal Reserve Governor Christopher Waller said late Thursday that he continues to believe that the Fed should cut its interest rate target at the July meeting, citing mounting economic risks and the ...

President Donald Trump has opened up a new front in his attack on the Federal Reserve and its chair, Jerome Powell: He says ...

It is becoming clear what the major challenge will be for Jerome Powell's successor: maintaining the Fed's independence while ...

Even if the Fed cuts rates again, that doesn’t mean your credit card APR will drop immediately. According to CBS News, when the Fed raises interest rates, banks follow fast, but they’re far less eager ...

If U.S. President Donald Trump's public attacks on Federal Reserve Chair Jerome Powell have achieved one thing, it has been ...

If President Donald Trump tries to fire Federal Reserve Chair Jerome Powell, it would almost certainly set off a courtroom battle that legal and policy experts say is bound to get messy, with ...

Pushing the Fed to cut rates simply to save the government on its interest payments typically raises alarms among economists, because it would threaten the Fed’s congressional mandate to focus ...