The administration’s effort to oust a Fed governor as part of a pressure campaign for lower borrowing costs created an inescapable distraction at this year’s Jackson Hole conference.

"A few participants noted a weakening in housing demand, with increased availability of homes for sale and falling house prices."

Federal Reserve Chair Jerome Powell on Friday said the central bank faces a "challenging situation" as a hiring slowdown coincides with tariff-driven price increases, putting pressure on both sides of the Fed's dual mission to maximize employment and control inflation.

Federal Reserve Chair Jerome Powell warned that President Donald Trump 's tariffs are pushing consumer prices higher and would continue to do so over the coming months.

Donald Trump seems ready to do anything to get lower interest rates. The Fed might offer a cut in September; however, be wary of anyone’s certainty past then.

Fed Chair Jerome Powell gave his keynote speech yesterday morning, as he always does at this symposium, but even as he spoke the onslaught continued: President Trump told reporters he would fire Fed board member Lisa Cook if she does not resign (she has faced allegations of criminal mortgage fraud from housing finance regulator Bill Pulte ).

Federal Reserve Chair Jerome Powell on Friday announced an updated operating framework more oriented toward traditional efforts of promoting price stability, supplanting what had been a troubled effort that biased central bank policy toward its job mandate over its inflation target.

Federal Reserve Chair Jerome Powell is set to give what could be his most consequential speech yet — just a few days after one of his colleagues was threatened with prosecution for alleged mortgage fraud.

Multiple current and former Fed officials are speaking up as Federal Reserve Governor Lisa Cook faces attacks from the Trump administration.