Fed governors serve on the Federal Open Markets Committee — the group that votes on interest rate decisions. 

It’s the first time since 1993 that multiple FOMC members have voted against a rate decision.

The project has exceeded its initial budget. But what the Trump adminstration really wants is lower interest rates.

Federal Reserve Chair Jay Powell has reiterated that rate decisions will be data-driven — by inflation, and employment.

Economist Mohamed El-Erian expressed concern, as consumers and businesses pull back spending and investors appear to question the role of the U.S. dollar.

Manufacturers face increased costs from tariffs and are putting off hiring more workers.

Unfortunately, even hard data may not help them get a clear picture of what’s going on in this economy.

Senator Ted Cruz says it would. But experts on the Fed disagree.

They’re backward-looking indicators, but economists can’t know where we are unless they know where we’ve been.

Experts predict steep tariffs could lead to a recession this year.