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

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

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

Donald Trump tried to remove Lisa Cook from the Federal Reserve. He accused her of mortgage fraud. Cook refuses to resign and ...

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

The US president removed Lisa Cook from the Fed board over claims she engaged in mortgage fraud, setting up major legal ...

Gold rose to a two-week high on Tuesday, as the dollar slipped after U.S. President Donald Trump said he was removing Federal ...

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

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

Lisa Cook was appointed to the Fed’s board by then-president Joe Biden in 2022 and is the first black woman to serve as a ...

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

President Donald Trump says he is firing Federal Reserve Governor Lisa Cook late Monday, in a move viewed as a sharp ...