Lisa Cook, governor of the US Federal Reserve, during a Fed Listens event in Washington, DC, US, on Friday, March 22, 2024. Al Drago / Bloomberg via Getty Images. Close. Key Takeaways.

Fed revises post-pandemic framework, reaffirms 2% target, and updates tools amid inflation surge. Skip to main content. PREMIUM PRODUCTS. TheStreet Pro Login Subscribe TSTPro.

President Trump, in a private meeting at the White House on Thursday, told Federal Reserve Chair Jerome Powell that he was making a "mistake" by not lowering interest rates, delivering in person a ...

Fed Chair Jerome Powell and President Donald Trump met at the White House for the first time in the president's second term, the Federal Reserve announced. Fox Business. Personal Finance.

Trump has pressured the Fed chair to lower interest rates. They met at the White House May 29. Prime Minister Benjamin Netanyahu says Israel has agreed to a ceasefire with Iran announced by ...

The Fed projected in March an unemployment rate of 4.4 percent for 2025 and of 4.3 percent for 2026 and 2027. The May minutes suggest those numbers will be higher.

The Fed Fed officials see persistent inflation as a threat, even as staff warn of recession Central bankers agree to take a cautious approach until the net economic effects of trade policy are clearer ...

Fed saw inflation, jobless, stability risks at May meeting, minutes show Officials acknowledge potential 'difficult tradeoffs' in the form of rising inflation and rising unemployment.

Fed officials must decide whether to keep the Fed funds rate high to smother the last embers of the post-pandemic inflation flare-up or cut rates to bolster the economy and prevent a surge in ...

Trump says "maybe" he'll try to fire Fed chief Jerome Powell U.S. home sale prices reach record of almost $400,000, report finds Qatar closes airspace, U.S. Embassy tells Americans to shelter in place ...

The former New York Fed chief said the US-China trade deal extends tariff uncertainty, delaying action. "If the US enters a recession, I'd expect rate cuts of 200 to 300 basis points," Dudley said.

The Fed next meets June 17 through June 18. Is the US inflation rate going down? Last month, annual inflation dropped from 2.4% to 2.3%. the lowest in more than four years and moderately above the ...