Moreno said he is looking forward to next year when Federal Reserve Chairman Jerome Powell's term is up and can be replaced by President Trump.

The average rate on a 30-year mortgage stood at 6.76% for the second week in a row. The rate is not as high as the highest ...

Reuters, the news and media division of Thomson Reuters, is the world’s largest multimedia news provider, reaching billions ...

However, banks and credit issuers will often charge the prime interest rate plus a certain markup percentage based on the ...

Asian shares are rising moderately after a lackluster finish on Wall Street, with most shares ticking higher after the ...

The Federal Reserve held interest rates steady amid uncertainty over President Trump's trade war. And, the Trump ...

The Federal Reserve decided to keep interest rates unchanged on Wednesday, but Bitcoin and the stock market still soared on ...

Federal Reserve Chair Jerome Powell’s four-year leadership term ends in May 2026, opening up an opportunity for President Donald Trump to name a new leader to the central bank.

U.S. President Donald Trump renewed his criticism on Thursday of Federal Reserve Chair Jerome Powell, calling him a "fool" ...

The Federal Reserve has yet to cut interest rates in 2025 as it seeks greater clarity on the eventual effects of President ...

The Bank of England cut interest rates to counteract the economic effects of U.S. tariffs. However, a split among ...

Trump's "large increases in tariffs," if "sustained," are "likely to generate a rise in inflation, a slowdown in economic ...