This week's meeting offers little suspense and probably not much action, even as massive changes loom over the Fed's longer-term direction.

After President Trump on Friday nominated former Federal Reserve governor Kevin Warsh to lead the central bank, market participants quickly began speculating what his chairmanship would mean for the path of interest rates this year.

Federal Reserve governor Chris Waller, who was one of President Donald Trump’s finalists as the next central-bank chief, said Friday that the Fed should have cut interest rates this week because of a poor U.

By Howard Schneider WASHINGTON, Jan 29 (Reuters) - The wide gulf between the Trump administration and the U.S. Federal Reserve over where interest rates ought to be masks the fact that the two sides have begun to share a consensus about the near-term economic outlook.

Federal Reserve Chair Jerome Powell offered an upbeat report on the U.S. economy after the Fed’s first policymaking meeting of 2026. “Essentially, the economy has once again surprised us with its strength,

WASHINGTON (AP) — The Federal Reserve pushed the pause button on its interest rate cuts Wednesday, leaving its key rate unchanged at about 3.6% after lowering it three times last year.

Trump says Jerome Powell is ‘hurting our country’ as president finally weighs in on Fed’s plan for interest rates - President demands ‘LOWEST INTEREST RATE OF ANY COUNTRY IN THE WORLD’ regardless of e

Powell left some advice to the next Fed chair. "Don't get pulled into elected politics," Powell said. "Don't do it."