US Treasury Secretary Scott Bessent says the search for Fed Chair Jerome Powell's successor is formally underway and suggests ...

Inflation rose last month to its highest level in four months as the cost of gas, food, and groceries rose, reversing several ...

Deutsche Bank has issued a warning about the potential consequences of President Donald Trump replacing Jerome Powell as the head of the U.S. Federal Reserve.

Consumer prices picked up for June, in line with economists’ expectations and likely marking the start of an increase in ...

JPMorgan Chase CEO Jamie Dimon said on Tuesday the independence of the Federal Reserve is "absolutely critical".

Kevin Warsh, once known for fighting interest rate cuts with everything he had, now wants them. And he wants them fast. In an ...

Consumer prices probably rose 2.6% last month from a year ago, up from an annual increase of 2.4% in May, according to data provider FactSet. The Labor Department will issue its inflation report at ...

Powell’s term as a Fed governor doesn’t end until January 2028, leaving it possible for him to remain at the central bank — ...

Treasury Secretary Scott Bessent told Bloomberg on Tuesday a “formal process” has been launched to find Federal Reserve Chair ...

Central bankers prefer the Personal Consumption Expenditures price index instead of the US CPI data to gauge inflation ...

Critics of President Trump's tariff policies have been waiting for the import taxes to raise the inflation rate. That effect ...