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New economic data shows inflation ticked higher in June to 2.7%, prompting many economists to agree with Federal Reserve Chair Jerome Powell’s decision to keep interest rates steady. President Trump ...
NPR's Adrian Ma talks to UT-Austin economic historian Carola Binder about why the Federal Reserve is independent and why that matters.
Trump has criticized Powell for months because the chair has kept the short-term interest rate the Fed controls at 4.3% this year, after cutting it three times last year. Powell says the Fed wants to ...
A transgender woman has sued Princeton University, saying she was removed from a track meet in May due to her gender identity ...
President Donald Trump is pounding on Federal Reserve Chairman Jerome Powell, this time branding the Fed chair a 'numbskull' ...
President Donald Trump is granting two years of regulatory relief to coal-fired power plants, chemical manufacturers and other industries as he seeks to reverse Biden-era regulations he considers ...
Low rates can also inflate financial markets. Investors, unable to generate strong returns in safe assets, such as short-term ...
Federal Reserve Chairman Jerome Powell responded to OMB director Russ Vought’s stern letter by pointing him to a public ...
“It’s by now widely agreed, almost all over the world: If you leave monetary policy in political hands, you’ll get too much inflation,” Alan Blinder, a professor of economics at Princeton University ...
President Donald Trump this week said he had discussed with a group of Republican lawmakers the possibility of firing Federal ...
Analysts say the latest dust-up between President Donald Trump and Fed Chair Jerome Powell may be more than meets the eye and that markets may not be concerned enough about the situation.