The move is a sharp escalation in his battle to exert greater control over what has long been considered an institution ...

Powell delivered the guidance in a highly anticipated speech on Friday at the central bank's annual symposium in Jackson Hole ...

Keeping to that mission is becoming more difficult every day. Typically, the Fed cuts rates to stimulate a moribund economy ...

US President Donald Trump moved to fire Federal Reserve Governor Lisa Cook "effective immediately" on Monday, citing ...

President Donald Trump says he's firing Federal Reserve Governor Lisa Cook, a sharp escalation in his battle to exert greater ...

US Federal Reserve chairman Jerome Powell has said “shifting” economic risks have sharpened the case for a Federal Reserve ...

The president ordered the removal of Lisa Cook from the Fed board over claims she engaged in mortgage fraud, escalating his ...

Federal Reserve Chair Jerome Powell on Friday opened the door ever so slightly to lowering a key interest rate in the coming ...

The S&P 500 and Nasdaq also ended lower on Monday but the losses were cushioned by tech names like Nvidia, which gained 1% ...

The central bank retired a previous strategy and on Friday unveiled a new approach that updates how inflation and employment ...

A majority of Federal Reserve officials found that risks surrounding US inflation outweighed those to employment, minutes of a recent policy meeting showed - underscoring a central bank divide over ...