As Trump is set to take office, he'll be inheriting a troublesome housing market where affordability continues to erode for millions of Americans.
President Donald Trump doesn’t like to wait, and patience is exactly what the Federal Reserve is serving right now. After December’s strong jobs report, the Fed seems comfortable sitting tight, keeping interest rates steady instead of cutting them.
The U.S. Federal Reserve announced on Friday it had withdrawn from a global body of central banks and regulators devoted to exploring ways to police climate risk in the financial system.
Goldman Sachs is hardly alone in predicting a further 5% jump in the dollar this year. Commodity Futures Trading Commission data find that investors — from big asset managers to hedge funds — are the most optimistic about the dollar’s upside since 2019.
Ahead of Donald Trump taking office, Federal Reserve's top banking regulator has resigned from his role as vice chair of supervision.
The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.
Thursday’s trio of confirmation hearings for President-elect Donald Trump’s Cabinet nominees put the focus squarely on Trump’s domestic and economic agenda that will dominate the debates on Capitol Hill this year.
President-elect promises to create External Revenue Service to collect tariffs. But will the ERS also impact your spending power?
Michael Barr, the vice chair for supervision at the Federal Reserve, said he will leave his post in February, giving President Donald Trump a chance to fill one of the top positions on the powerful central bank.
United States Federal Reserve officials said that the strong economy toward the end of 2024 and inflation staying above its “2% target” may mean the economy “needs neither restriction nor support.”
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.