Treasury Secretary Scott Bessent tells President Donald Trump he wants to stay in his role rather than pursue Fed chair role ...

The 10-year Treasury Bond yield is the benchmark for longer-term interest rates like the 30-year fixed mortgage, currently hovering around 6.8%. The Fed has set an inflation target of 2% before it ...

Setting rates is sometimes more art than science, especially when the economy keeps defying predictions. Fed officials are ...

The idea that Jerome Powell, his lieutenants, and hundreds of egghead economists under them could engineer “price” anything ...

One of the seven members of the Federal Reserve Board of Governors, Adriana Kugler, is stepping down next week, creating an ...

The Federal Reserve on June 18 held interest rates steady at a range between 4.25% and 4.5% for a fourth straight meeting despite Trump's public lobbying for a lower rate and his insults directed ...

"Don't forget, our Federal Reserve is not at all a part of our Constitution. It's a creature of the U.S. Congress, created by ...

The Fed is maintaining its benchmark interest rate in the range of 4.25% to 4.5%, where it's been parked since December.