Benchmark Treasury yields have been climbing toward 5%, despite the central bank’s recent rate cutting.
Exchange-traded funds focused on the bond market slipped Wednesday, after the Federal Reserve decided to pause its interest-rate cutting cycle while waiting for new policies to be enacted under President Donald Trump.
A humming American economy ended 2024 on a solid note with consumer spending continuing to drive growth, and ahead of what could be a significant change in direction under a Trump administration. The Commerce Department reported Thursday that gross domestic product — the economy's output of goods and services — expanded at a 2.
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
For example, central bank independence seems to go hand-in-hand with lower inflation when the rule of law is strong. But, in the absence of rule of law, the relationship breaks down. Perhaps well-governed countries tend to produce well-run central banks, regardless of de jure independence.
The Federal Reserve is nearly certain to keep its key interest rate unchanged at its policy meeting this week, just a few days after President Donald Trump said he would soon demand lower rates
The Federal Reserve kept its key interest rate in place, pausing further cuts and ignoring a demand by President Donald Trump to immediately drop rates.After three months of reductions, the Fed decided to keep the key interest rate target
The Fed is likely to hold rates until June, while Trump will push for a rate cut in the nearer term Eight days after President Donald Trump's return to the White House, Federal Reserve officials ...
Eight days after President Donald Trump's return to the White House, Federal Reserve officials will gather in Washington to discuss the outlook for interest-rate policy, with a goal of simply ...
Mystery drones over New Jersey were authorized by the Federal Aviation Administration with the full knowledge of the Biden administration, White House Press Secretary Karoline Leavitt announced on Tuesday.
Hiring for vacant positions in commissaries, child care centers, schools and everywhere else within DOD can continue, two memorandums show.