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

Investors will scrutinize the Fed chair's speech for clarity on whether the Fed will cut interest rates next month.

President Trump and his allies have accused Federal Reserve Chair Jerome Powell of dragging his feet on interest-rate cuts, in an unprecedented pressure campaign. Here are some of the ways Powell has ...

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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 ...

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.

Disappointing earnings reports and weak labour data on Thursday pave the way towards Fed Chair Jerome Powell's Friday speech ...