Presidents can control monetary policy even without replacing the Fed chair, Benn Steil writes in a commentary essay.

Rates had previously been held at a 23-year high since July 2023. There was some division on the final decision, with Fed governor Michelle Bowman dissenting. She preferred to cut rates by 25 basis ...

A Robinhood attorney and Republican regulators are people being considered for top jobs with the SEC, Comptroller of the ...

The Consumer Sentiment report for November might be the focus on Friday. Asian shares closed mostly up, while European shares are ...

S&P 500 futures are up 0.1%. Dow Jones Industrial Average futures are barely changed%. Nasdaq 100 futures are up 0.1%. On Thursday, the Dow Jones Industrial Average fell 1 points, or 0%, to 43,729, ...

FOMC members voted unanimously today to cut the Fed’s five policy rates by 25 basis points, after the 50-basis point cut at ...

(Reuters) -Wall Street was set for a muted open on Friday, as a rally powered by a sweeping Trump win and an expected ...

AM Consumer Sentiment The University of Michigan Consumer Sentiment Index rates the relative level of current and future ...

Among those being considered for the short list of top bank regulators are Michelle Bowman, a Fed governor and former ...

The Federal Reserve Open Markets Committee concluded its two-day meeting today and cut its influential benchmark rate. Follow along for live updates.

The Federal Reserve approved its second consecutive interest rate cut Thursday, moving at a less aggressive pace than before ...