John Williams, president of the New York Fed, suggested he is reluctant to support lowering interest rates ahead of the central bank’s next meeting later this month, arguing that tariffs are likely to drive further inflation.

Short-term U.S. interest-rate futures rose on Wednesday after a report that President Donald Trump is likely to fire Federal Reserve Jerome Powell soon, with traders now betting on rate cuts starting in September and at least one more by December.

WASHINGTON (TNND) — President Donald Trump is once again putting public pressure on Federal Reserve Chair Jerome Powell, calling for interest rate cuts amid signs of a cooling labor market. But while rate cuts have been projected for months, the Fed hasn’t moved since December of 2024, and Powell doesn’t seem ready to cave just yet.

If you’re hoping the Federal Reserve cuts interest rates this month, you might be disappointed. Comerica Bank predicted policymakers might not make a move unt

WASHINGTON (Reuters) -U.S. President Donald Trump says the Federal Reserve should set its benchmark interest rate at 1% to lower government borrowing costs, allowing the administration to finance the high and rising deficits expected from his spending and tax-cut bill. Trump should be careful what he wishes for.

By Michael S. Derby NEW YORK (Reuters) -Boston Federal Reserve President Susan Collins said on Tuesday she's in no rush to change the U.S. central bank's benchmark interest rate amid current economic uncertainty,

Treasury Secretary Scott Bessent said about finding a successor to Fed Chair Jerome Powell, whose term ends in May 2026: “There’s a formal process that’s already starting. There are a lot of great

Federal Reserve Bank of Boston President Susan Collins said she continues to believe the US central bank can be patient in considering interest rate cuts, suggesting healthy business and household balance sheets may limit the impact of tariffs on the economy.