President-elect Donald Trump has created a headache for the Federal Reserve before he's even stepped into office. Inflation, part of the Fed's dual mandate of maintaining price stability with maximum employment,
As Trump is set to take office, he'll be inheriting a troublesome housing market where affordability continues to erode for millions of Americans.
Big investors are enjoying a stock market at an all-time high, driven by the tycoon’s victory. However, they are beginning to become suspicious of his costly proposals, which would drive up inflation
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.
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.
Eliminating the Consumer Financial Protection Bureau in Trump's second term appears unlikely. But observers expect the agency to be more restrained.
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.
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.”
A top policymaker at the US Federal Reserve says that he still supports reducing interest rates this year, despite elevated inflation and the prospect of widespread tariffs.
The incoming president is set to inherit three months of rising inflation from his predecessor, the Consumer Price Index shows.