News

Why the Federal Reserve has historically been independent of the White House

Economists have long preferred independent central banks because they can more easily take unpopular steps to fight inflation ...

Fed Chair Powell: "Effects Of Tariffs On Consumer Prices Are Now Clearly Visible," "May Warrant Adjusting" Interest Rates

Federal Reserve Chair Jerome Powell delivers a high-profile address at the annual Jackson Hole Economic Policy Symposium.

Trump Threatens To Fire Federal Reserve Governor Lisa Cook

Federal Housing Finance Agency Director Bill Pulte accused Cook of mortgage fraud this week, alleging she claimed two ...

Federal Reserve’s Lisa Cook faces Trump firing threat over mortgage fraud claims

Cook, the first Black woman to serve on the Fed board, said she had "no intention of being bullied to step down" after Trump ...

Powell to give his last Jackson Hole speech under watchful gaze of Wall Street and the White House

Both Wall Street and the White House will be paying close attention to Fed Chair Jerome Powell’s high-profile speech Friday ...

Federal Reserve's Jackson Hole Symposium Kicks Off Today: What to Know

The annual Jackson Hole Economic Symposium takes place later this week. It will attract policymakers from around the world ...

Powell Is on the Cusp of Taking a Big Gamble With the U.S. Economy

Jerome Powell, the Federal Reserve chair, is managing a high-stakes balancing act as he grapples with a cooling labor market, ...

Wall Street edges lower in its final moves ahead of a speech by the Federal Reserve’s head

NEW YORK (AP) — U.S. stock indexes are edging lower on Thursday as Wall Street makes its final moves before the head of the ...