The central bank this week kept interest rates steady for a fifth-straight meeting, prompting the first double dissent from ...

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

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

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 ...

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

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

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

Federal Reserve officials are split into three camps over what economic evidence they need before resuming interest-rate cuts ...

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

America’s community banks are disappearing and forming more infrequently. These local lenders once dotted every city and ...

Federal Reserve Vice Chair for Supervision Michelle Bowman on Tuesday said the central bank's ability to set monetary policy ...

WASHINGTON (AP) — President Donald Trump on Friday called for the Federal Reserve’s board of governors to usurp the power of ...