The two Federal Reserve governors who favored an interest rate cut at the U.S. central bank's policy meeting this week said ...

Until Wednesday, no Fed meeting this year generated formal opposition, with only two dissents occurring in 2024 and none in ...

Bowman and Waller explained their dissents against the Fed's hold-steady move in separate statements Friday morning. The Trump appointees' votes in favor of rate cuts marked the first time that two ...

Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that unnecessary damage to the labor ...

Federal Reserve Governors Christopher Waller and Michelle Bowman expressed concerns that the central bank’s hesitance to ...

President Trump took fresh aim at the chairman following the central bank’s decision to keep interest rates unchanged.

President Donald Trump on Friday called for the Federal Reserve's board of governors to usurp the power of Fed Chair Jerome ...

The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.

The choice to hold off on a rate cut will almost certainly result in further conflict between the Fed and White House.

The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...

Fed Gov. Chris Waller has argued for months that tariffs would not raise inflation much, giving the central bank room to cut U.S. interest rates. He acted on his belief by dissenting in Wednesday’s ...