Consumer Stress Is on the Rise Rising auto repossessions and a growing rate of minimum credit card payments offer signs ...
The president bashed Jerome Powell on inflation less than two hours after the Fed chair announced interest rates would stay ...
It takes time for the Fed’s decisions to filter through the economy — and then even more time for consumers to see the ...
You’d expect the Mafia to be debanked, but when even members of the PayPal Mafia are debanked on a whim, it’s time to sound the alarm. In 2019, Roelof Botha—Managing Partner at Sequoia Capital and an ...
Nonetheless, already there is a clash with President Trump, who believes interest rates are “far too high." On his Truth Social platform, Trump went on the attack: Because Jay Powell and the Fed ...
The Federal Reserve chair said banks are well situated to handle risks related to crypto customers, but added that regulatory scrutiny of banks' direct engagement with the assets will be greater than ...
Consumers and traders are waiting to learn if the Fed’s pause is a one-meeting hold or the start of a longer stretch.
The Federal Reserve opted to leave its benchmark interest rate unchanged in its first policy meeting since President Trump's ...
The Federal Reserve held interest rates steady Wednesday after price increases ticked up over the past three months, ...
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 ...
The Federal Reserve on Wednesday hit pause on interest rate cuts in its first key decision of President Donald Trump’s second ...
Fed meeting might be considered rather pro format, given no one expects a policy change. But there are some interesting and ...