The U.S. economy added 147,000 jobs in June, beating analyst expectations, the Bureau of Labor Statistics reported.

President Trump says Fed rate cuts would save the government as much as $900 billion a year in interest payments on its debt.

Federal Reserve Chair Jerome Powell said on Tuesday he would not rule out a potential interest rate cut as soon as this month ...

President Trump detailed to Jerome Powell where he thinks interest rates should be set in a handwritten note escalating ...

Fed Chair Jerome Powell said tariff concerns delayed interest rate cuts, stating the central bank would have likely reduced ...

U.S. Federal Reserve Chair Jerome Powell on Tuesday reiterated the U.S. central bank plans to "wait and learn more" about the ...

U.S. Treasury Secretary Scott Bessent said on Tuesday he believes the Federal Reserve could lower interest rates by September ...

The debate over the Federal Reserve's reluctance to lower rates has intensified recently. Those hoping that the Fed would ...

Treasury Secretary Scott Bessent revealed that the Trump administration is now eyeing Aug. 1 as the date to slap the ...

Treasury Secretary Scott Bessent used a basketball metaphor to explian President Trump's unsually direct confrontation with ...

The central bank chief said he believes the Fed board would have decided to lower rates further until Trump launched his ...

Last month, the Fed left rates unchanged at 4.25%-4.50% for the fourth straight meeting and forecast two 25-basis-point rate ...