Fed, Interest rate
Digest more
Janet Yellen said the government's ballooning debt burden could reduce the Fed's ability to address unemployment and inflation.
Minneapolis Federal Reserve President Neel Kashkari on Monday said inflation is slowly trending down, but there is a risk the jobless rate could "pop" higher. "I think the inflation risk is one of persistence,
Ahead of the New Year's holiday, President Donald Trump said he will make a decision on who he wants to lead the Federal Reserve by January. Current Chair Jerome Powell's term expires in May 2026, and he has made it clear he will fulfill his obligation running the central bank.
Federal Reserve Bank of Minneapolis President Neel Kashkari said interest rates may be close to a neutral level for the US economy now, leaving it up to incoming data to guide the central bank’s actions.
Unusual dissent among Federal Reserve officials, plus President Trump's demands for lower interest rates, have cast extra attention on who gets to vote on U.S. borrowing costs. Four of the 12 voting members of the Fed's policy committee changed this month.
Stock markets in the U.S. (.SPX), Japan (.N225) and Europe (.STOXX) should rally this year, but will struggle to match 2025's blistering gains, a recent Reuters poll suggests. It showed 56% of those surveyed forecasting a correction in the coming months.
Trump accuses Fed Chair Jerome Powell of "gross incompetence" and threatens lawsuit over costly headquarters renovation project in latest attack on central bank leader.
Federal Reserve policy committee members need to see inflation fall further before they move to cut interest rates again, minutes from their December meeting showed.
2don MSN
Supreme Court tariffs case, Fed chair pick loom as twin tests for Trump’s economic agenda in 2026
Supreme Court weighs Trump tariff authority while White House prepares to name next Fed chair, with both decisions carrying major economic implications.