Federal Reserve expected to issue first rate cut since late 2024
Sept. 17 (UPI) -- The Federal Reserve on Wednesday is expected to announce fresh rate cuts in the wake of U.S. President Donald Trump's demands…
Senate Republicans confirm Trump adviser Stephen Miran for Fed seat
Sept. 15 (UPI) -- Senate Republicans on Monday confirmed White House economic adviser Stephen Miran to join the Federal Reserve Board despite staunch Democratic concerns…
Appeals court stops Trump’s attempt to fire Fed Governor Lisa Cook
Sept. 15 (UPI) -- A federal appeals court on Monday rejected President Donald Trump's attempt to fire Federal Reserve Governor Lisa Cook, handing the American…
Lisa Cook’s lawyers deny mortgage fraud allegations in new filing
Lisa Cook's attorney, Abbe Lowell, denied that she ever committed mortgage fraud in a court filing on Tuesday. Photo by Jim Lo Scalzo/EPA Sept. 3…
Fed independence ‘hangs by a thread.’ What that might mean
WASHINGTON — President Trump’s attempt to fire a member of the Federal Reserve’s governing board has raised alarms among economists and legal experts who see it as…
2nd criminal referral filed as Lisa Cook sues Trump over firing
Aug. 28 (UPI) -- The Trump administration Thursday night announced a second criminal referral against Federal Reserve Board Governor Lisa Cook for mortgage fraud, as…
Trump foes find themselves targeted by top housing regulator
WASHINGTON — When Bill Pulte was nominated as the country’s top housing regulator, he told senators that his “number one mission will be to strengthen and safeguard…
Trump fires Federal Reserve governor Lisa Cook
Aug. 26 (UPI) -- President Donald Trump on Monday fired Federal Reserve Governor Lisa Cook as he continues to feud with her boss over lowering…
Trump says he’s firing Fed Gov. Lisa Cook, opening new front in fight for central bank control
WASHINGTON — President Trump said Monday night that he’s firing Federal Reserve Gov. Lisa Cook, an unprecedented move that would constitute a sharp escalation in his battle…
Fed Chair Jerome Powell talks inflation, employment, no firm rate cut details
Federal Reserve Chair Jerome Powell, seen here at a press conference at the Federal Reserve in Washington, D.C. in July. He gave a speech about…
European markets turn cautiously optimistic ahead of Powell speech
ADVERTISEMENT Leading European stock markets reflected a cautiously positive sentiment on Friday as investors watched for progress on Ukraine peace talks and awaited a speech…
Trump: Treasury Secretary Scott Bessent doesn’t want to be Federal Reserve chair
Aug. 5 (UPI) -- President Donald Trump said Tuesday that Treasury Secretary Scott Bessent is no longer on the list to replace Federal Reserve Chair…
Federal Reserve governor Kugler resigns, creating vacancy for Trump
Aug. 2 (UPI) -- One of the seven members of the Federal Reserve Board of Governors, Adriana Kugler, announced she is stepping down next week,…
BEA: personal income and inflation both rose in June
July 31 (UPI) -- The Federal Reserve's preferred inflation gauge rose more than expected in June, according to a report by the U.S. Bureau of…
Trump to visit and review Federal Reserve offices
July 24 (UPI) -- President Donald Trump will head to the Federal Reserve on Thursday amid his ongoing calls for Chair Jerome Powell to resign.…
S&P, Nasdaq hit record highs amid optimistic earnings
July 21 (UPI) -- Two U.S. stock indexes -- Standard and Poor's 500 and Nasdaq Composite 500 -- ended trading Monday with record highs as…
Trump: Fed Chairman Powell will be replaced within a year
July 16 (UPI) -- President Donald Trump said he won't fire Federal Reserve Chairman Jerome Powell but will replace him within the next year when…
S&P 500, Nasdaq set records in dramatic 3-month turnaround
June 27 (UPI) -- The Standard & Poor's 500 and Nasdaq Composite on Friday rose to record highs nearly three months after plunging to bearish…
Fed chair tells Trump policy will not be politically influenced
May 30 (UPI) -- The Federal Reserve chair, Jerome Powell, has told President Donald Trump that monetary policy will not be influenced by politics. Powell…
Federal Reserve maintains interest rate amid economic uncertainty
May 7 (UPI) -- The Federal Reserve on Wednesday announced the lending rate would hold steady due to economic uncertainty caused by the Trump administration's…