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

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

The unprecedented step could test the boundaries of presidential power over the independent monetary policy body should it be ...

The Federal Reserve is expected to begin lowering interest rates next month, and that should boost the consumer economy.

US President Donald Trump said Monday he fired Federal Reserve Governor Lisa Cook over alleged mortgage loan improprieties, ...

Global central bankers gathered at a U.S. mountain resort over the weekend are starting to fear that the political storm ...

The stock market rallied due to perceived Fed's dovish pivot and expectations of the September cut. Check out an evaluation ...

Mass-market retailers such as Macy’s, Target, and Dollar General have underperformed, reflecting ongoing consumer caution and ...

The Fed wields extensive power over the US economy. By cutting the short-term interest rate it controls — which it typically does when the economy falters — the Fed can make borrowing cheaper and ...

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

Wall Street indexes slump overnight as investors await a key inflation report that could determine the pace and scale of rate ...