federal reserve
Trump hiring freeze hurting quality of inflation data collection: report
The Bureau of Labor Statistics reportedly reduced the number of businesses at which it checks prices for the benchmark Consumer Price Index report.
Wells Fargo asset cap axed by Fed after 'substantial progress' from fake accounts scandal
The Fed board voted unanimously to lift the $1.95 trillion asset cap restriction, which was the first time the central bank had directly ordered a bank to stop growing in...
Fed's preferred inflation gauge cools to lowest level since September — calming rattled markets
Economists and some business executives have warned that prices will likely head higher as Trump’s widespread tariffs take effect, though the timing and impact of those duties are now in doubt after...
Trump summons Federal Reserve chair Jerome Powell to demand interest rate cut
The central bank's benchmark rate has remained between 4.25% and 4.5% since Trump took office in January.
Fed Chair Powell, Trump hold rare meeting at White House — here's what was discussed
Trump has attacked Powell over the Fed's decision to not lower interest rates, but recently said he has no intention of trying to fire Powell.
Fed officials worried about rising inflation risks due to Trump tariffs: 'More persistent than expected'
Fed policymakers were less concerned about rising unemployment, the minutes from this month's meeting showed, a key reason they left rates unchanged.
Fed boss Jerome Powell plans to cut central bank staff by 10% in nod to Elon Musk's DOGE
"Experience here and elsewhere shows that it is healthy for any organization to periodically take a fresh look at its staffing and resources," Powell wrote in a memo.
Trump blasts Fed Chair Jerome Powell again for not cutting rates: 'Not in love with me'
The Fed on Wednesday kept short-term borrowing costs in the 4.25%-4.50% range, where they have been since December.
Federal Reserve warns of stagflation risk, keeps rates unchanged — despite Trump pressure
Policymakers cited economic uncertainty from Trump's trade war for keeping the Fed funds rate between 4.25% to 4.5% range, where it has been since December.
Government cash mailings to random Americans draw Senate DOGE leader's ire: 'Complete waste'
“We knew taxpayers were getting nickel and dimed but blindly mailing $145,000 in cash is shocking even for Washington,” Sen. Joni Ernst (R-Iowa) told The Post.
Elon Musk says DOGE 'should definitely' investigate Federal Reserve after Post reports on $2.5B 'Palace of Versailles' HQ
Musk's comments came after The Post exclusively reported the central bank was pushing ahead with the decadent revamp despite mounting losses.
Fed's key inflation gauge cools as Americans rushed to buy cars ahead of Trump tariffs
The slowdown in inflation could be a temporary respite until the widespread duties imposed by Trump begin to push up prices in many categories.
Federal Reserve blows $2.5B on 'Palace of Versailles' HQ despite mounting losses: 'Congress must put its foot down'
The glorified vanity project, first rubber-stamped by government pen-pushers in 2021, is now effectively being subsidized by American taxpayers because the Fed has not made a profit since 2022
Trump says he has 'no intention' of firing Fed Chair Jerome Powell — but has a key ask for central bank chief
"I would like to see him be a little more active in terms of his idea to lower interest rates," Trump said.
Trump needs to end his war with Jerome Powell now — one way or another
On Monday, furious over Jerome Powell's refusal to budge on lower interest rates, President Trump took to TruthSocial to call the Fed chair a "major loser," the latest in a...
Dow plunges over 950 points after Trump calls Fed's Powell 'a major loser' for not lowering rates
The Dow plunged more than 950 points Monday as President Trump intensified his attacks on the Federal Reserve's independence -- calling chairman Jerome Powell "a major loser" for not lowering...
Trump will study whether to fire Jerome Powell after accusing Fed chair of 'playing politics': adviser
White House economic adviser Kevin Hassett's exchange with the press came a day after Trump ramped up a long-simmering feud with Powell.
This unassuming Midwestern city is the most affordable for renters
A new WalletHub study is out to show that renters looking for a deal, and peace of mind, may want to target the northern end of the American Midwest.
Trump issues stark warning for Fed Chair Jerome Powell, intensifying longstanding feud
Trump’s anger was sparked by remarks Powell made Wednesday, when the Fed chair highlighted concerns about the impact of the administration’s tariffs.
Jerome Powell warns Trump tariffs could keep inflation higher for longer than expected as US stocks tank
The Fed chairman warned that the president's hefty tariff rates could reheat inflation and stagnate growth.