The Department of Justice has opened a criminal investigation into Federal Reserve Chair Jerome Powell, he revealed on Sunday. The case centers on his actions and statements surrounding renovations of ...
The Federal Reserve now expects less aggressive rate cuts in 2024; recent economic data has shown stronger performance. Read the full analysis here.
The Federal Reserve has been mounting a closed-door effort to block the Justice Department's subpoenas for chairman Jerome Powell, CBS News has learned.
The Federal Reserve has increased its securities portfolio by $76.5 billion since November 26, 2025, boosting excess reserves in the banking system. Despite higher excess reserves, the Federal Funds ...
• The Federal Reserve held interest rates steady Wednesday as expected, but two governors dissented, preferring a quarter-point cut. • It’s the first time since July that the central bank has chosen ...
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