The Federal Reserve kicked off its second Trump era right where it left off: Doing exactly what it wanted to do, ignoring President Donald Trump’s demands that it lower rates.
A desire for low rates confronts a very different economic backdrop—with higher price pressures—from his first term.
Contrary to some misconceptions, the Federal Reserve is not privately owned by individuals or corporations. The Fed is not owned by anyone and is an independent government agency. The Federal ...
President Trump has said he will "demand" lower interest rates, raising questions about his ability to influence the Federal Reserve.
The Federal Reserve announced that it has withdrawn from the Network of Central Banks and Supervisors for Greening the Financial System, which incorporated climate risk into financial rules.