The average rate on a 30-year U.S. mortgage has fallen to its lowest level in four months, welcome news for prospective ...

President Donald Trump has tapped one of his top economic aides to serve as a Federal Reserve governor, in a move that could put ongoing pressure on the chair of the central bank, Jerome Powell.

The nomination of Stephen Miran to the Federal Reserve Board by President Donald Trump marks an important moment in U.S.

Governor Andrew Bailey tells the BBC he expects rates to continue falling, but “the course is a bit more uncertain”.

Trump nominated Stephen Miran to the Fed board, sparking false rumors of Powell’s firing. Miran’s term runs through Jan 2026, ...

Miran has emerged as a vocal defender of Trump's economic agenda, particularly the 2025 tax cuts and the broad tariff regime.