President-elect says he has no plans to ask or order Powell to step down, in spite of past criticism of the monetary body

The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank's last meeting of Joe Biden's presidency.

At the Federal Reserve’s final interest rate-setting meeting of 2024, Chair Jerome Powell revealed that the central bank is starting to factor Trump policies into its monetary policy decisions. Powell didn’t mention Trump by name. But investors clearly understood this elliptical construct as a reference to the incoming president:

Peter Schiff has explained why the Biden government selling all the country's Bitcoin holdings would be a "good thing."

Federal Reserve Chairman Jerome Powell on Wednesday announced a 0.25% reduction in the Fed's lending rate, but the Dow posted a 10th straight day of losses.

November's inflation report showed a moderate 2.7% annual increase, which may give the Federal Reserve reason to continue cutting interest rates.

New York Times columnist Maureen Dowd’s conservative brother writes her column. This year, he crowed about Donald Trump’s victory: “Biden and Harris have left a huge mess. Trump is the right choice to fix it.

The US Federal Reserve is widely expected to announce a quarter point cut to its key lending rate on Wednesday despite a recent uptick in inflation, in the central bank's last meeting of Joe Biden's presidency.

Despite a recent uptick in inflation, the U.S. Federal Reserve (Fed) is widely expected to announce a quarter-point reduction to its lending rate

The White House and others kept pointing to jobs figures as proof of the Biden-Harris administration’s economic success. But voters intuitively knew better, and they were right.

Follow live updates and the latest news as government funding is set to expire on Saturday if Congress fails to pass a short-term spending bill.