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What the Federal Reserve does — and why Trump's move to oust Lisa Cook has such high stakes
President Trump on Monday announced he was firing Lisa Cook, a member of the Federal Reserve Board of Governors, after one of his allies accused her of mortgage fraud. The move marks an unprecedented ...
The Federal Reserve is widely expected to lower its benchmark interest rate this week for the first time since December of 2024. A rate cut would give Americans a sliver of relief on a wide range of ...
Mr. Furman, a contributing Opinion writer, was the chairman of the White House Council of Economic Advisers from 2013 to 2017. This week could mark the beginning of the end of the Federal Reserve as ...
HONOLULU (KHON2) — With news about interest rates rising and falling, it’s common to feel confused about what that could mean for the average person and their everyday life. While there’s a bit of ...
After nine months of staying on the sidelines, the Federal Reserve on Sept. 17 announced a quarter-percentage-point cut, likely the first in a series of reductions to usher in lower borrowing rates ...
The Federal Reserve has battled a variety of economic troubles over the past 35 years. Between tech busts, a financial crisis ...
The Federal Reserve cut short-term interest rates for a third time in 2025. What's next for borrowers and consumers?
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