The White House uses an overbudget renovation of Fed headquarters to pressure Fed Chair Powell out of his job. Will it work?

The White House appears to be using cost overruns in the Fed's $2.5 billion project to build a case for dismissing Powell.

Eight of the 12 Federal Reserve districts reported flat or slightly negative growth in February, according to the central bank’s Beige Book survey released Wednesday. Six districts reported no ...

June manufacturing surveys from the federal reserve banks of Dallas, Richmond, Kansas City, and New York offer a snapshot how ...

In its statement announcing the cut, the Fed now projects just two interest rate cuts for 2025. It said the unemployment rate remains low, while the rate of inflation "remains somewhat elevated." ...

The Fed Can Now Declare Victory Over Inflation. Higher prices aren’t over, but the central bank has officially completed its pandemic mission. June 12, 2025 at 5:30 AM EDT.

A key tracker of GDP from the Atlanta Fed now estimates a negative-2.8% reading in first-quarter growth, as tariffs and economic uncertainty are moving consumers and businesses to the sidelines.

Eight Fed districts had flat or slightly negative growth in February: Beige Book Weak report comes as worries about the economy grow Last Updated: March 5, 2025 at 10:35 p.m. ET First Published ...