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President Donald Trump is calling for the Federal Reserve’s board of governors to usurp the power of Fed Chair Jerome Powell.
The central bank kept its target rate at a range of 4.25% to 4.50%, but two policymakers disagreed with the decision.
"Independence keeps interest rates lower, if you actually look through the history of interest rates a little bit," Dimon ...
The Federal Reserve is leaving its key short-term interest rate unchanged for the fifth time this year, brushing off repeated ...
Jerome H. Powell, the Federal Reserve chair, is facing relentless attacks from the president, a lively campaign to replace ...
Trump says the Fed’s high interest rates are keeping Americans from buying houses. There’s more to it than that.
U.S. Federal Reserve rate cut odds have gone on a wild journey since Wednesday. Chances of a September rate cut plunged below ...
Former Treasury Secretary Lawrence Summers backed Jerome Powell’s silence on whether he will step down from the Federal ...