For more than 70 years, presidents have tried to sway the Federal Reserve to keep interest rates low. Only Richard M. Nixon succeeded, quietly pressuring the central bank for low rates ...

He's also worked at U.S. 1, Community News Service and the Middletown Transcript. Officials at the Federal Reserve discussed the possibility of cutting the central bank's key interest rate as soon ...

President Donald Trump is badgering the Federal Reserve to cut interest rates, but even if the Fed gave in to the pressure, it wouldn't necessarily lead to lower borrowing costs for consumers.

President Donald Trump is not happy with Federal Reserve Chair Jerome Powell. Airing his grievances over the weekend on Truth Social, the president complained that interest rates have not been ...

Congress made the Federal Reserve independent of the executive branch to keep presidents from manipulating interest rates to win elections. But the Fed is not independent of Congress regarding ...

President Donald Trump has never shied away from criticizing the Federal Reserve, but his latest campaign to pressure Fed Chair Jerome Powell may be the clearest signal yet that the Fed still has ...

Tipping quandaries are causing discomfort at checkout counters, sparking fights between spouses and sullying the enjoyment of eating out. More than 1,000 readers responded to a recent Wall Street ...

Beth Hammack, president of the Federal Reserve Bank of Cleveland. As the Federal Reserve attempts to rightsize its balance sheet, one top reserve bank official said there are risks in both staying too ...

So it is with his latest about-face. On April 22nd the president said he had no plans to sack Jerome Powell, chairman of the Federal Reserve, having spent the week threatening to do just that.

In fact, economists say, Trump's ongoing attacks on Fed Chair Jerome Powell and his tariff policies could keep the longer-term interest rates that matter for consumers and businesses higher than ...