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.

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

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

At least three Federal Reserve policymakers spoke out this week in favor of holding interest rates steady for the time being, ...

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

The average rate on 30-year fixed home loans from Freddie Mac decreased again to 6.77% for the week ending June 26.

Several economists expect the Federal Reserve could play wait-and-see for a while longer. Some expect the Fed to next cut ...

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

Federal Reserve Chair Jerome Powell, who is testifying before Congress this week, said tariffs are "likely to push up prices.

The administration and its supporters are fond of blaming the Fed for economic problems. They should concentrate, instead, on fixing the nation's fiscal problems.

The Fed also forecasted two quarter-point interest-rate cuts over the remainder of 2025, carrying over a prediction issued in ...