There is no legal obligation for the FOMC to elect the chair of the Board of Governors of the Federal Reserve as the chair of ...

Markets are expecting more rate cuts than they are likely to get, I argue, and the Fed's hawkish stance reinforces my views.

Federal Reserve Bank of New York President John Williams said Thursday he sees no imminent need for a change in central bank ...

Federal Reserve Bank of Cleveland President Beth Hammack said on Wednesday that high levels of uncertainty in the U.S.

Federal Reserve Chair Jerome Powell speaks Wednesday afternoon at the Economic Club of Chicago, delivering policy remarks ...

President Donald Trump said the U.S. is getting rich off tariffs and said Powell is too slow to cut interest rates.

President Donald Trump said in a Truth Social post that Federal Reserve Chair Jerome Powell's "termination cannot come fast ...

At the end of its Federal Open Market Committee session on March 19, 2025, the Fed announced holding the federal funds target interest rate steady at a range of 4.25% to 4.50%. It marks the second ...

President Donald Trump said once again on Friday that Federal Reserve Chair Jerome Powell should lower interest rates.

After hitting a peak of 7.04% in January 2025, mortgage rates have retreated, but the decline has been sluggish, as rates ...

Non-interest income was $1,613,000 for the quarter ended March 31, 2025, compared to $1,430,000 for the prior quarter and $1,519,000 for the same period last year. The increase compared to prior ...

CD rates are starting to decline. In November 2024, the Federal Open Market Committee (FOMC) cut the federal funds rate by 25 basis points to a range of 4.50% to 4.75%. This move followed a 50 ...