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.
The FederalReserve is the central bank of the United States and the anchor of the country's financial system and economic health. It’s governed by a federalBoard of Governors appointed by ...
While Trump will be able to appoint a new Fed chair in 2026, he does not have the ability to set monetary policy or change the federal funds rate. No president has the direct power to reduce mortgage ...