Trump has urged the Fed to significantly lower interest rates.

Federal Reserve expected to hold interest rates steady at 3.5%-3.75% range as FOMC navigates inflation concerns and softening job market in first 2026 meeting.

Trump's nomination of Kevin Warsh to chair the Federal Reserve could bring about sweeping changes at a central bank that dominates the global economy and markets like no other.

The Federal Reserve voted Wednesday to hold rates steady as inflation remains elevated, ending a streak in which it cut interest rates in three successive meetings of its monetary policy committee. After a two-day meeting in Washington,

The Commerce Department's delayed November PCE inflation report showed that inflation remained well above the Federal Reserve's 2% target rate.

An overall healthy view of the economy weighed heavily in the Federal Reserve Board’s decision to not lower interest rates again right now after three consecutive cuts. Inflation has eased from the high levels in 2022 but still higher than the target two percent.

Inflation rose one-tenth of a percentage point to 2.8% for the year ending in November 2025, the Bureau of Labor Statistics reported Thursday in an update to the personal consumption expenditures index,

Ultimately, the Fed’s current posture reflects a high degree of confidence that inflationary pressures will fade without further policy restraint.

Stock Market Today: The Dow Jones index dropped Friday on surprise inflation data and the Warsh nomination. Tesla rallied on SpaceX news. Gold tumbled.