While Powell revealed little about the Fed’s plan of action, it is becoming more likely that interest rates will also be held ...

The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.

The Canadian dollar was weaker against the U.S. currency and could extend recent declines as the BOC turns its focus to trade tariff threats.

The central bank’s decision to pause at its first meeting of 2025 followed a series of cuts that began in September to ...

Generally, when inflation is high and the economy is in overdrive, the Fed tries to pump the brakes by setting higher ...

President Donald Trump’s nominee to lead the Commerce Department, Howard Lutnick, told senators the argument that tariffs ...

Illinois state Rep. Chris Miller says he speaks from painful experience when it comes to the subject of the state’s long ...

While Trump will be able to appoint a new Fed chair in 2026, he does not have the ability to set monetary policy or change the federal funds rate. No president has the direct power to reduce mortgage ...

Tax cuts, deregulation, and protectionist policies, sounds like a deal for the domestic economy. But it could upset the ...

Faced with a solid economy and mounting inflation concerns, the U.S. central bank has said it will “move cautiously” on ...

Inflation was a driving force behind Donald Trump’s election, but he’s put the issue on the back burner during his first week ...