federal reserve

Fed cuts rates for first time since 2008

The Federal Reserve on Wednesday lowered interest rates for the first time since the Great Recession in 2008 to help stave off the possibility of an economic downturn.

Fed keeps interest rates steady as pressure mounts

The Federal Reserve on Wednesday held rates steady but raised the prospect for two potential rates cuts this year, as policy makers continue to weigh the right time to act amid concerns over President Donald Trump's trade policies.

Asia markets jump on Wall Street rally

Asia stocks jumped Wednesday, following Wall Street's rally as the US central bank signaled a rate cut and worries about the escalating trade war took a backseat.

Trump Fed pick Moore a self-described ‘radical'

Stephen Moore, who President Donald Trump announced last month as his nominee for the Federal Reserve Board of Governors, has a history of advocating self-described "radical" views on the economy and government.

White House economic advisers follow Trump's cues on Fed

President Donald Trump has made a habit of lashing out at the Federal Reserve over interest rate hikes, but lately, his top economic advisers have joined in, too -- breaking the code of conduct shared by bankers and economists to display solidarity with their boss.