Federal Reserve

The Federal Reserve

Exclusive–Rep. Thomas Massie Unveils Bipartisan ‘Audit the Fed’ Bill

Rep. Thomas Massie (R-KY) introduced a bipartisan bill on Thursday to audit the Federal Reserve, telling Breitbart News that Wall Street and investment banks might have undue influence on the nation’s central bank. President Donald Trump has supported auditing the Fed in the past.

Federal Reserve

Fed Chairman Rolls Back # of 2019 Rate Hikes from Three to Two

FFederal Reserve Chairman Jerome Powel revealed the Federal Open Market Committee (FOMC) brought the prediction down to two rate hikes in 2019 from three in light of the quarter percent rate hike announced Wednesday afternoon.

Fed Chief Jerome Powell

Fed Chief: 2018 Best Year Since Financial Crisis

Federal Reserve Chairman Jerome Powell declared 2018 the “best year since the financial crisis” after revealing a late 2018 quarter percent rate hike Wednesday.

Federal Reserve Board Chairman Jerome Powell speaks during a news conference on September 26, 2018 in Washington, DC. The Fed raised short-term interest rates by a quarter percentage point as expected today, with market watchers expecting one more increase this year and three more in 2019. (Photo by Mark Wilson/Getty …

Federal Reserve Raises Interest Rates 1/4 Point

The Federal Reserve announced Wednesday afternoon, less than a week before Christmas, that the Fed will raise interest rates a quarter of a point, from 2.25 to 2.50 percent. 

WASHINGTON, DC - DECEMBER 06: Federal Reserve Board Chairman Jerome Powell speaks during a Rural Housing Assistance Council Awards Reception, on December 6, 2018 in Washington, DC. (Photo by Mark Wilson/Getty Images)

Federal Reserve Hikes Interest Rates Again

WASHINGTON (AP) — The Federal Reserve is raising its key interest rate for the fourth time this year to reflect the U.S. economy’s continued strength but signaling that it expects to slow hikes next year. The quarter-point hike, to a