President Trump on Thursday criticized Federal Reserve Chair Jerome Powell for holding interest rates steady at the Fed's May 7 meeting, calling him a "fool" for acting "too late" in cutting the ...

The Federal Reserve stuck to a wait-and-see approach as officials brace for President Trump’s tariffs to stoke higher ...

Despite pressure from President Donald Trump to slash interest rates, the Federal Reserve was expected to stick to its wait-and-see approach.

Plus: A nonpartisan analysis said millions of Americans could lose Medicaid health insurance coverage under some Republican ...