Powell says rate cuts won't make 'much of a difference' for struggling housing sector
Federal Reserve Chairman Jerome Powell warned that housing market struggles will persist despite rate cuts, citing low inventory and affordability challenges for buyers.
Fed delivers third straight rate cut but 'dot plot' projects just one cut in 2026
Federal Reserve policymakers cut interest rates by 25 basis points for the third straight meeting, though their "dot plot" projections suggest only one interest rate cut expected in 2026.
Powell declines to weigh in on potential successors as Trump eyes next Fed chair
Jerome Powell refused to comment on President Donald Trump's search for his Federal Reserve replacement, saying the process doesn't affect his current chair role.
Powell refuses to weigh in on Supreme Court case threatening Trump's tariff policies
Federal Reserve Chair Jerome Powell refused to comment on the Supreme Court case that could impact President Trump's trade agenda, citing ongoing court proceedings.
Fed cuts interest rates for third straight time amid uncertainty over labor market, inflation
The Federal Reserve announced its third straight interest rate cut following its December meeting amid concerns about slowing labor market despite inflation remaining above target.
From mortgages to car loans: How affordability rises and falls with the Fed
Affordability in America increasingly comes down to one institution, the Federal Reserve, whose decisions ripple through nearly every household budget.
Fed expected to deliver third straight rate cut this week amid labor concerns
Fed policymakers face a tough decision on rates with inflation remaining above target as weak job market data and rising layoffs complicate the outlook for the December meeting.
Top Senate banking leader reveals whether he will support Trump’s pick to lead the Fed
Senate Banking Committee Chairman Tim Scott, R-S.C., shared his thoughts on President Trump's prospective Fed chair nominee with FOX Business.
Trump says he’s chosen next Fed chair as affordability pressures rise
Trump reveals he's chosen next Federal Reserve chair as affordability crisis tests economic agenda. Decision comes amid rising costs and voter doubts.
Kevin Hassett says he would be ‘happy to serve’ if chosen as next Fed chair
Kevin Hassett signals willingness to serve as Federal Reserve chair if chosen by Trump, citing positive market response and potential new Fed direction ahead.
Traders bet big on Fed rate cut as December odds soar above 80% on prediction markets
Prediction markets Kalshi and Polymarket show a more than 80% probability of a 25-basis-point Federal Reserve interest rate cut at the central bank's Dec. 9-10 policy meeting.
Bessent wraps up Fed chair interviews as Trump’s decision expected before Christmas
Treasury Secretary Scott Bessent completes Fed chair interviews, narrowing candidates to a shortlist for President Donald Trump's review. The decision is expected by Christmas.
Fed's Waller says he fits the bill for central bank leadership after Bessent meeting
Federal Reserve Governor Christopher Waller discussed his meeting with Treasury Secretary Scott Bessent as speculation grows about his potential Fed chair appointment.
December interest rate cut in doubt as Fed minutes show policymakers divided
Federal Reserve policymakers remain divided on December interest rate cuts as FOMC minutes revealed differing views on monetary policy amid inflation and labor market concerns.
Trump slams Federal Reserve renovation as 'building a basement in the Potomac River'
President Trump slams the Federal Reserve's $2.5 billion headquarters renovation as wasteful spending, calling Fed Chair Jerome Powell a "clown" over the costly construction project.
Trump calls Fed Chair Powell a ‘clown’ and slams Fed renovation
President Donald Trump has publicly chastised Federal Reserve Chairman Jerome Powell, who he appointed in 2017 to lead the central bank, over interest rate cuts.
Fed's Cook breaks silence on Trump firing, vows to continue her duties amid legal fight
Federal Reserve Governor Lisa Cook addresses her legal battle with Trump for the first time, vowing to continue duties as the Supreme Court prepares for a January decision.
Fed Reserve chair candidate Chris Waller smacks down Powell’s 'driving in the fog' claim
Christopher Waller, a Federal Reserve governor and Fed chair candidate, joined "Kudlow" and responded to Chairman Jerome Powell’s claim the agency is driving through "fog."
LARRY KUDLOW: Will a supply-sider run the Fed?
It’s time for a true-blue supply-sider at the Fed
Powell warns shutdown is clouding Fed’s view of the economy: 'Driving in the fog'
Federal Reserve Chairman Jerome Powell said that a lack of key data due to the government shutdown will cause the central bank to be cautious until it has a clearer view of the economy.