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 ...

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 ...

Grownups like Powell and Cook are firm, but restrained. In a piece about Powell this week the WSJ quoted one of his former colleagues as saying, “I think it is no more subtle than he wakes up every ...

Just three weeks ago, Federal Reserve Chair Jerome Powell spoke to reporters after the central bank had kept its key interest rate unchanged for a fifth straight meeting and said the job market was ...

The independence of the US Federal Reserve is under scrutiny. President Trump has pressured the Fed to cut interest rates. He even called for a govern ...

Federal Reserve Governor Lisa Cook said Wednesday she will not be pressured to resign over questions raised on social media, ...

The president called for Lisa Cook to resign after his administration accused her of falsifying mortgage documents, but the ...

President Donald Trump ramped up pressure on the US central bank on Wednesday with a call for Federal Reserve (Fed) Governor Lisa Cook to step down as he continued to criticize Fed Chairman Jerome ...

Lawrence G. McMillan is president of McMillan Analysis, a registered investment and commodity trading advisor. McMillan may hold positions in securities recommended in this report, both personally and ...

The heaviest weight on the market was Nvidia, whose chips are powering much of the move into AI. It sank 3.5%.