U.S. fiscal situation with $37 trillion in debt makes Trump's push for 1% interest rates difficult despite strong consumer spending, as Treasury yields remain market-driven.

President Donald Trump has intensified his criticism of Federal Reserve Chairman Jerome Powell, aiming to replace him with someone who will lower interest rates.

A Fed policy rate that low is not typically a sign that the U.S. is the "hottest" country in the world for investment, as Trump has said.

President Trump argues that the Federal Reserve should cut interest rates to make buying a house cheaper. Former Labor Secretary Robert Reich warns that could backfire.

The Federal Reserve is meant to operate independently from politics in order to stay true to its congressionally mandated mission to maintain price stability and maximum employment. But President

If the economy is “hot” and “booming,” the Fed shouldn’t lower interest rates. Republicans keep flubbing this.

The White House has been trumpeting the absence of tariff-related price hikes as a sign that the president’s agenda is succeeding.

Federal Reserve Chair Jerome H. Powell is resisting President Donald Trump’s calls for lower interest rates, saying the Fed should not take debt and deficits into account.