Economy grew 2.8% in 2024, holding strong despite high interest rates
The new data were published Thursday by the Bureau of Economic Analysis in its report for gross domestic product for the fourth quarter.
Inside Trump’s first strikes at Biden’s climate legacy
On his first day back in office, US President Donald Trump signed a blizzard of executive orders, bolstering the country’s fossil fuel sector and launching his first strikes at Joe Biden’s climate and ...
Fed pauses interest rate cuts amid rising inflation concerns
After a two-day meeting of its monetary policy committee in Washington, the Fed announced it would hold its rate target at 4.25% to 4.50%.
Trump slams Fed after decision to hold interest rates steady
Policymakers left their benchmark rate unchanged amid signs that the economy is humming along, defying the president’s ...
Fed guided by economic goals and the law, not politics, says Powell
Powell said the Fed is working to align its workforce policies with Trump but signaled that changes could be limited.
The Federal Reserve holds interest rates steady
The Federal Reserve left interest rates unchanged Wednesday as it began a new wait-and-see policy stance amid a cloudy ...
On the same eggs: the Fed may spoil Trump's honeymoon
The pressure of US President Donald Trump on the Federal Reserve System (FRS) will only intensify, as any problems in the ...
Fed defies Trump by keeping interest rates on hold
The Federal Reserve defied Donald Trump’s demands for lower borrowing costs by keeping US interest rates on hold and ...