The central bank has halted hiring to align with a White House directive and pulled back its work on climate change.

The central bank is grappling with how quickly to lower interest rates after pausing cuts last month.

That may be true, but once there is no excess liquidity sloshing around the system, liquidity drained by QT will have to come ...

Treasury Secretary Scott Bessent said President Donald Trump is looking for longer-term interest rates to fall.