In the wide-ranging conversation, President Daly discussed the major factors shaping the U.S. economy, how the Federal ...

Tensions escalated Tuesday between the Trump administration and the Federal Reserve. After President Donald Trump announced on social media that he was firing an official on the Fed’s chief governing ...

The president has already called Jerome Powell, chairman of the Federal Reserve, "stupid", "imbecile" and "idiot"- and called for his resignation. The Federal Reserve is responsible for supervising ...

Mary Daly, president of the Federal Reserve Bank of San Francisco, on the factors shaping the U.S. economy right now, whether ...

The Federal Reserve was widely expected to lower interest rates by a quarter point in order to support the waning job market.

The Federal Reserve cut its benchmark interest rate by a quarter percentage point Wednesday, because the central bank is more ...

Before the coup: Donald Trump has fired Fed governor Lisa Cook and threatened to fire Chair Jerome Powell. Clients of Wall Street bank J.P. Morgan (JPM) were told at a private meeting last week that ...

The Federal Reserve just cut interest rates for the first time in 2025, as concerns mount over a sluggish jobs market. Policymakers and Wall Street analysts seem to agree that two more interest rate ...

LOS ANGELES (AP) — Hoping that mortgage rates will keep dropping following the Federal Reserve’s first rate cut since last year? Don’t bank on it. As expected, the central bank delivered a ...

President Trump made it clear he is seeking more control of the Federal Reserve. He said he fired Fed Governor Lisa Cook from the bank's board, but she says she's not leaving and will take the ...

The reductions would leave the Fed’s supervision and regulation division with about 350 people ...