“With inflation near target and the upside risks to inflation limited, we should not wait until the labor market deteriorates before we cut the policy rate,” he said. “I believe it makes sense to cut ...

President Trump floated the idea of firing Jerome Powell — whom he first appointed Federal Reserve chair — earlier this week, ...

Fed Chair Jerome Powell responds to criticism from the White House over the costly renovation of Fed headquarters.

Federal Reserve Chair Jerome Powell responded by letter Thursday to a senior Trump administration official who accused the ...

President Donald Trump threatened on Wednesday to fire Federal Reserve Chair Jerome Powell, citing cost overruns in Fed building renovations as a potential cause. While Trump has since played down the ...

Wall Street is hanging near its records following some better-than-expected updates on the economy and a mixed set of profit ...

Franknez.com is the #1 news site for retail investors. Millions of readers are tuning in to receive the latest economy news, ...

It isn’t just the U.S. Other countries have also come to expect an independent U.S. central bank.

As the director of the Federal Housing Finance Agency, Bill Pulte oversees the system that helps keep the U.S. mortgage ...

A top Federal Reserve official said late Thursday that the central bank should cut its key interest rate later this month, ...

Federal Reserve chairman Jerome Powell defended his $2.5 billion headquarters renovation project near the National Mall ...