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

The Justice Department signaled possible plans to investigate Federal Reserve Governor Lisa Cook, with a top official ...

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

July’s weak jobs report could be grounds for a big rate cut come September.

Federal Reserve governor Lisa Cook late Wednesday said she wouldn’t leave her post after Trump on social media called on her to resign over an accusation from one his officials that ...

The president is reportedly considering firing Lisa Cook after one of his housing officials accused her of committing mortgage fraud in 2021.

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The latest economic report comes as Federal Reserve officials gather in Jackson Hole, Wyoming, for their annual summer retreat. Fed Chairman Jerome Powell will hold a press conference Friday morning ...

NEW YORK (AP) — U.S. stock indexes are edging lower on Thursday as Wall Street makes its final moves before the head of the Federal Reserve gives a highly anticipated speech on Friday that could hint ...